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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Taking ETH/USDT perpetual as an example, if the expectation on August 9 is consistent, the longer continues to attack new highs, considering the formation of a new price structure, the current inflection point for long and short is adjusted to 4006.
(1) Above 4006, continue to look for long positions, with the main trading idea focused on low longs, that is, primarily taking long positions based on the 1-hour cycle "Institution Strong Long Turning Point Model" (detailed explanation of this model can be reviewed in the live video). During the process of the long side's attack, it is not recommended to blindly chase long positions or short.
(2) Below 4006, the short-term rise ends, and the decline begins. The trading strategy focuses primarily on short positions, specifically using the 1-hour period "Institution Strong Short Turning Point Model" (a detailed explanation of this model can be found in the live broadcast video) to take short positions.
The information and opinions in the report are for the reference of the reader only and are not intended to be or should be construed as investment advice for actual trading of investment targets. Investors should assess whether to use the content of the report based on their individual investment goals, financial situation, and needs, and make independent investment decisions while assuming the corresponding risks.