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$ETH 1-hour timeframe shows a weak rebound after a significant decline, with the price operating below the key resistance zone. The short-term bearish pattern remains unchanged, but momentum has weakened.
Ethereum Holy Operation Core Strategy:
Primarily shorting on rallies and buying on dips, with caution against chasing highs and selling lows.
Specific Trading Plan:
Bearish Direction
Short on rebounds: When the price rebounds to the resistance zone around 3060-3100 and shows signs of stagnation with a K-line, initiate partial shorts | Target: 30-120 points+
Breakout short: When the price breaks below support around 2960, follow the trend to short | Target: 30-120 points+
Bullish Direction
Quick rebound after sharp decline: When the price drops sharply to support around 2970-80 and shows clear signs of momentum exhaustion, take light positions to buy the rebound | Target: 30-120 points+
Conditions for chasing longs: Only consider small trend-following longs when the price stabilizes above 3100 | Target: 30-120 points+
Unified risk control with a 30-point stop-loss:
Short positions: place stop-loss 30 points above the entry price
Long positions: place stop-loss 30 points below the entry price