Initial operation, focusing on $ETH | Strategy: Long
$ETH current price 2508, pullback to 2440-2470 for phased long positions, 3x leverage, stop loss at 2350, targets T1=2540, T2=2549; if broken, look at 2600. The reason is simple: it rose from 1905 to 2549 in 7 days, pulled back to 2355 but didn't break and bounced back, the trend is clear here, why not go long. Funding rate is 0.0093%, longs are paying but not painfully, OI is also recovering, smart money hasn't left yet.
Last night, the US stock market saw the Dow surge 500 points, Tesla led the charge, the scene next door was as lively as Chinese New Year. A-shares shrank in volume and stayed flat, Shanghai Composite closed at 3905, Hong Kong tech stocks laid low. The global risk-on vibe is here, crypto should take profits, but don't forget to set stop losses.
What's the market fuss about?
This week the crypto market is all about "you really have guts." $BTC quietly rose from 64131 to 81270, up 26% in 7 days, directly breaking through the 80,000 mark, ETFs attracted over $1.6 billion in a single week, with August cumulative inflows reaching $2.07 billion, a yearly high. $ETH was even stronger, rising from 1905 to 2549, a 33% rebound in 7 days, $ETH ETFs also saw the largest single-day inflow since October. With this kind of rise, the bears are probably already checking into the hospital.
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