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August 2nd ETH market analysis:
After the decline following the non-farm payrolls, a central point formed around 3550 on the 6th. Currently, the price is hovering near the lower boundary of the central point at around 3520. During the day, we should focus on shorting high and going long low around the lower boundary. Once the market breaks through in one direction, we can make further adjustments in our operations!
Intraday Orders:
🈳3543-3565, take profit 3490
More 3463-3485, take profit 3526
If the entity recovers above 3580, it will return to the upper track, but it won’t happen in the short term!