ETHUSDT Analysis: Approach With Caution I have repeatedly highlighted that the market is currently riskier than it appears . As noted in my previous analysis ( ETHUSDT: $4,102 Is the Key ), I am still holding the long position from that level with a stop entry . However, at this point, I do not find opening a new position very logical. Red box has to be first tp and move the stop to entry.
That said, due to the significant interest in finding an entry, I wanted to share this analysis for those who are actively looking.
Key Points:
Market Risk: The market is riskier than it seems, so manage your trades cautiously.
Existing Position: My long position from the linked analysis remains active with a stop entry.
New Entries: Not ideal at current levels, but for those interested, careful analysis is necessary.
Confirmation Indicators: Use CDV, liquidity heatmaps, volume profiles, volume footprints, and upward market structure breaks in lower time frames for validation.
Learn With Me: If you want to learn how to utilize CDV, liquidity heatmaps, volume profiles, and volume footprints for more accurate analysis, feel free to DM me.
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