Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Although US PPI data is about to be released, its actual impact has already been digested by the current market performance. Tonight's focus is more on the subsequent actions of North American market participants.
Last night's market movement is indeed worth analyzing. From a technical perspective, after the previous adjustment, the market showed clear reversal signals. If your trading approach is still stuck on shorting, it's time to reevaluate your strategy.
Specifically, regarding the assets:
The logic of going long on LTC from the 75.9 level is still ongoing. The first take-profit target at 78.5 has been reached, and the current focus shifts to the second take-profit level at 82.9. Once this level is touched, consider gradually reducing positions while maintaining a core holding to let the trend continue.
For ETH, long positions were laid out on Monday night in the 3065-3095 range, and on Tuesday night, the bullish outlook was reaffirmed at 3140. Both batches of orders are currently in a comfortable profit zone. The key to this type of operation is to stagger entries, reducing risk while ensuring you don't miss the trend.
The rhythm of trading often determines the final gains. Many people are not wrong about the direction but struggle with timing and position management. Once you've confirmed the main trend, the crucial point is how to maximize profits by gradually raising stop-loss levels while protecting your principal — this is what is called "steady growth."
From a macro perspective, recent days' market movements do carry significant uncertainties. But regardless of volatility, maintaining clear trading discipline is the best way to avoid being tossed around by the market. Opportunities during the day are relatively limited, but evening sessions often reveal clearer directional signals.
Tonight, all three markets—Europe, America, and Asia—are active. The short-term trend may go in two directions: one, continue this upward momentum until Friday, or accelerate further; or two, a pullback to clear out some follow-on traders, then resume the rally. In any case, maintaining risk awareness and flexible position adjustments are essential.
In summary, the market reversal signals have already appeared, and the technicals of mainstream coins support a bullish outlook. But trading is never simply black or white; attention to detail ultimately determines the final profit and loss.