$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
ETH0,82%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)