ETH 2310-2290 Long Position


2400-2410 Short Position

From the current structure, ETH is still following a range-bound rhythm with a slight bullish bias, and there has been no true, meaningful sign of a shift to the downside.

The support zone below around 2310-2290 has been repeatedly confirmed in the earlier stage. Not only are there multiple dips that probe that area and rebound (“wicks” back), but there are also clear signs of capital absorption. Every time price comes into this range, it gets pulled back quickly, which indicates that this is a level where short-term long buyers are willing to enter. Therefore, pulling back into this range to set up long positions is, in essence, “buying the dip at support,” and the logic is sound.

As for the resistance zone above around 2400-2410, it is the more clearly defined pressure area in the current phase. On one hand, it is close to the previous high, making it easy for technical sell pressure to form. On the other hand, multiple attempts to push up to this level have resulted in stagnation or even pullbacks, indicating that trapped-long positions above and short-term take-profit orders are both relatively concentrated. So trying to set shorts in this area is more like “selling high within the range,” where you profit from the oscillation and the ensuing pullback.

Overall, the big picture is actually very clear.
The market hasn’t yet broken out into a one-way move—this is a typical range-bound oscillation: buying on the low and shorting on the high within the range.#美国寻求战略比特币储备 #DeFi4月安全事件损失超6亿美元 #比特币现货交易量新低 #比特币ETF期权持仓限额增4倍 $BTC
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