5.6 ETH Evening Strategy



ETH is currently correlated with BTC, showing oscillation and a slight upward trend, continuously facing resistance in the 2380-2400 range, with multiple failed attempts to break through. Once it breaks out, a significant move is likely to follow. Focus on the resistance and breakout in this range tonight, and base low buy positions on key support levels for better value.

Trading Suggestions

Pull back to the 2355-2315 range for a low buy, with a stop loss at 2290, targeting 2410-2450; if resistance holds, consider a second low buy opportunity in the 2285-2245 range, with a stop loss at 2225, targeting the same 2410-2450. Do not chase high and strictly set stop losses.
BTC2.01%
ETH1.55%
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