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ETH is indeed a bit tricky at this position, but I have organized three strategies, each with its own purpose.
**Strategy 1: Breakout Follow-up Strategy (Most dependent on current market conditions)**
The bullish logic is straightforward—if the price volume breaks through 2,960 and stabilizes on the 15-minute chart, then go long with targets at 2,990 and then 3,020. If it fails to hold, 2,945 is the stop-loss line. Don't over-leverage; 2-3% is enough.
The same applies in reverse—if the price breaks below 2,915 confirming a downtrend, consider shorting with targets at 2,890 or even 2,860, and set the stop-loss above 2,930. This approach is suitable when the market clearly has a direction.
**Strategy 2: Range-bound Trading Strategy**
If the market is still oscillating, then trade within a range. The 2,925-2,935 zone is the golden area for longs—wait for the price to test support and stabilize, or for bullish candlestick signals, then enter. Targets are 2,950-2,960. Stop-loss below 2,915.
For shorts, the 2,955-2,960 zone is a good entry point, especially if a rebound hits resistance and bearish signals appear. Targets are 2,935-2,925. Stop-loss above 2,965. Keeping each position at 1-2% is more reasonable.
**Strategy 3: Trend Positioning Strategy (Mid-term perspective)**
A bullish setup requires the price to stabilize after a pullback in the 2,900-2,920 range. No need to go all-in immediately; build positions gradually—1% first, then another 1%, with a stop-loss at 2,880. Mid-term targets are in the 3,000 to 3,100 range.
For a bearish setup, think in reverse—if a rebound to 2,970-3,000 is resisted, try a small short position, 1-2%, to test the waters. Stop-loss at 3,020, targets at 2,920-2,880.
All three strategies include risk management; the key is to adapt based on real-time market conditions.