ETH is currently in a clear range-bound consolidation phase. From a technical perspective, the price is moving within the set range, lacking momentum for a breakout in the short term.
Regarding spot position strategies, a wait-and-see approach is advisable for now. Before a confirmed breakout, there is no need to rush into establishing new positions. This stage is better suited for closely monitoring price action and trading volume, waiting for clearer directional signals.
Once there is an effective breakout of the range boundaries, confirmed by trading volume, it will be a better time to consider entering.
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degenwhisperer
· 01-08 16:33
It's consolidating again. This kind of situation is the most annoying; I can't tell which way it's heading.
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GovernancePretender
· 01-07 17:53
Still waiting for a breakdown? I've heard this explanation a thousand times. What about the trading volume? There's no real increase at all.
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0xSleepDeprived
· 01-07 17:51
Waiting for a breakthrough again? Alright, I'm just lying low and watching, might as well be idle.
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DuskSurfer
· 01-07 17:34
Range fluctuations are like this; they look uncomfortable, but you really shouldn't act recklessly. Wait for a breakout signal; it's much better than rushing to buy the dip.
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TokenomicsTinfoilHat
· 01-07 17:30
It's the same story again... Range-bound oscillation is just waiting for a breakout, but when the breakout comes, I'm afraid of getting caught holding the bag. I'll just keep accumulating as usual; ETH isn't going to drop much anyway.
ETH is currently in a clear range-bound consolidation phase. From a technical perspective, the price is moving within the set range, lacking momentum for a breakout in the short term.
Regarding spot position strategies, a wait-and-see approach is advisable for now. Before a confirmed breakout, there is no need to rush into establishing new positions. This stage is better suited for closely monitoring price action and trading volume, waiting for clearer directional signals.
Once there is an effective breakout of the range boundaries, confirmed by trading volume, it will be a better time to consider entering.