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$ETH ETH Market Short-Term Strategy | Short position at 2146, preserve capital and reduce position around 2132!
ETH's short-term bearish structure is clear. When it rebounds to the key resistance level at 2146, you can open a short position directly. This level is the previous rebound high + double top neckline resistance, maximizing the win rate for shorts!
The first target is around 2132. Upon reaching this level, consider reducing your position and moving your stop-loss to break even to lock in profits and avoid retracement risks. Subsequently, you can hold some positions to watch for support zones at 2118-2120 and 2098-2100. If the price breaks below, the bearish logic invalidates, and it's time to exit quickly—no hesitation! Use a light position, execute short-term trades with quick entries and exits, and steadily capture swing gains!