Main focus $ETH | Strategy Long Trade Homework spot: This is purely manual
$ETH is the main player today, the direction is straightforward: go long ETHUSDT. The reason is not mystical, it can be explained in one sentence — the funding rate speaks first, then the candlestick dares to move, and now the money bag side has already shown its stance.
Recommended entry here: long around 2,415-2,425, stop loss at 2,354, first target 2,501 reduce half position, second target 2,553 clear all, start with 10x leverage. The stop loss is deliberately set just below the 10/17 low, breaking it means the three-day bottoming was a scam, accept a small loss and exit.
First, scan the global mood
On Friday, US tech stocks had a farewell show: Nasdaq -2.14% at 26,140, S&P -1.09% at 7,659, Dow -0.34% still holding some ground. Brent crude exploded, touching $110, the first time since May, the inflation nerve is buzzing again. September retail month-on-month +0.8% beat expectations, but excluding autos and gasoline only +0.2%, money in wallets is being slowly drained by the gas pump.
A-shares surged in the morning on Friday but lost steam in the afternoon, Shanghai Composite closed slightly up at 3,716 points, weekly line still four consecutive declines, down -2.56% for the week; military industry, low-altitude economy, and real estate came out to support, Hong Kong stocks followed Asia-Pacific sentiment to grind. The crypto circle never buys this, US stocks can cry, $BTC live room operates as usual.
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