$ETH 1-hour timeframe shows a rebound followed by a pullback and consolidation. The price retreated after testing resistance near 2985 yesterday. Currently, it is trading in the lower part of the 2920-2985 range, with a short-term bearish structure.



Ethereum Holy Spirit Trading Core Strategy:
Primarily short on rebounds, with light positions to catch rebounds during sharp declines near key support zones.

Specific Trading Plan:

Bearish Side
Short on rebounds: When the price rebounds to the resistance zone around 2980-2985 and shows signs of stagnation with a K-line, initiate partial shorts | Target: 30-120 points+
Breakout short: When the price breaks below support near 2880, pursue shorts | Target: 30-120 points+

Bullish Side
Rapid rebound after sharp decline: When the price drops sharply to support zones around 2900-2920 and shows clear signs of exhaustion, take light long positions to catch rebounds | Target: 30-120 points+
Conditions for chasing longs: Only consider small trend-following longs if the price re-establishes stability around 3000 | 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

( The above is a personal trading framework, not investment advice.
ETH0.33%
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
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)