I was planning to rest early, but I ended up seeing a sharp drop after a high open in precious metals. This signal made me think that a rebound in cryptocurrencies might be just around the corner, or even already quietly underway.
Looking at ETH's trend, the current price is around 2950. My strategy is to go long. The first target is set at 3050, and if it breaks through smoothly, I will continue to watch for 3200 as a higher target. Of course, stop-loss should be set properly, below 2910—this way, even if the judgment is wrong, the risk can be controlled.
Rebound trends often start brewing during such market divergences. Everyone can do their own research on this.
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GateUser-9f682d4c
· 11h ago
When precious metals plunge, I think about cryptocurrencies rebounding. This logic is a bit extreme... But I do believe in ETH this round. Entering at 2950 feels like a good gamble.
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BridgeJumper
· 11h ago
The plunge in precious metals is really a signal, but I'm a bit cautious at the 2950 level, worried that a rebound might just be a false move.
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LiquidatedTwice
· 11h ago
Can you smell a rebound just because precious metals are plunging? Buddy, your intuition is too sharp. I was this confident last time and got beaten down to 2400.
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WalletWhisperer
· 11h ago
Gold and silver plunges can always be linked to a rebound in coins; I just can't wrap my head around this logic haha
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WhaleInTraining
· 11h ago
The signal of precious metals plunging is indeed solid. Go long at 2950 and look for 3050, but the stop loss at 2910 might be a bit tight.
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GoldDiggerDuck
· 11h ago
Can you tell if a rebound can be seen just from the plunge in precious metals? I find this logic a bit hard to accept haha
Going long on ETH at 2950 is indeed good, but can it really break through the 3200 level... Last year, this price was stuck for a long time
Setting the stop loss at 2910 is quite cautious, just worried that if emotions take over, it might be wiped out immediately
I was planning to rest early, but I ended up seeing a sharp drop after a high open in precious metals. This signal made me think that a rebound in cryptocurrencies might be just around the corner, or even already quietly underway.
Looking at ETH's trend, the current price is around 2950. My strategy is to go long. The first target is set at 3050, and if it breaks through smoothly, I will continue to watch for 3200 as a higher target. Of course, stop-loss should be set properly, below 2910—this way, even if the judgment is wrong, the risk can be controlled.
Rebound trends often start brewing during such market divergences. Everyone can do their own research on this.