How to trade Ethereum in the early session #数字货币市场洞察 ?
$ETH has a clear characteristic—it closely follows Bitcoin’s pace, but its own volatility is greater. So first, you need to see what $BTC is doing; that's the tone-setter. Then, look at Ethereum’s own Bollinger Bands and moving averages.
If Bitcoin is strong and Ethereum pulls back to the middle band without breaking it, then keep waiting to buy on dips—this is the safer approach. On the other hand, if Bitcoin weakens, Ethereum’s drop is usually even sharper, so be extra cautious about chasing longs at this time as it’s easy to get caught.
This morning's strategy: Look for opportunities to enter in the 3060–3100 range—don’t rush to chase highs. Aim for a target in the 3180 to 3250 range, which is a reasonable profit zone.
In short, it’s fine to follow $BTC, but don’t forget that Ethereum has a bigger temper.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
How to trade Ethereum in the early session #数字货币市场洞察 ?
$ETH has a clear characteristic—it closely follows Bitcoin’s pace, but its own volatility is greater. So first, you need to see what $BTC is doing; that's the tone-setter. Then, look at Ethereum’s own Bollinger Bands and moving averages.
If Bitcoin is strong and Ethereum pulls back to the middle band without breaking it, then keep waiting to buy on dips—this is the safer approach. On the other hand, if Bitcoin weakens, Ethereum’s drop is usually even sharper, so be extra cautious about chasing longs at this time as it’s easy to get caught.
This morning's strategy:
Look for opportunities to enter in the 3060–3100 range—don’t rush to chase highs.
Aim for a target in the 3180 to 3250 range, which is a reasonable profit zone.
In short, it’s fine to follow $BTC, but don’t forget that Ethereum has a bigger temper.