8.26 ETH Today's Strategy (Long at Range Lows) $ETH
Market overview: After surging to the previous high of 2533, the price pulled back, reaching a low of 2412 and currently trading at 2454. The price has returned near the Bollinger Band middle line for recovery, the MACD green bars are contracting, and bullish momentum is recovering. This is a range-bound rebound and recovery after a sharp decline, with intense bull-bear competition.
Key levels: Resistance at 2485‑2500; first support at 2441, strong support at 2410.
Entry:
#ETH突破$2500
Conservative entry: Go long after the 2410‑2418 support zone holds on a pullback
Aggressive entry: Try a small long position near 2442 after the hourly K-line closes with a bottoming signal
Stop-loss:
Conservative stop-loss: Below 2392
Aggressive stop-loss: 2420
First target: 2475
Second target: 2495‑2500
Final target: 2520
Summary
1. After a round of declines, the market has entered a recovery phase. Do not chase the rise; waiting for a pullback to support offers a better risk-reward ratio for going long.
2. If the price holds above 2500 with increased volume, the rebound is confirmed to be strengthening; abandon the short setup.
3. A decisive break below 2392 would end the rebound and extend the downtrend; avoid long positions.
Market overview: After surging to the previous high of 2533, the price pulled back, reaching a low of 2412 and currently trading at 2454. The price has returned near the Bollinger Band middle line for recovery, the MACD green bars are contracting, and bullish momentum is recovering. This is a range-bound rebound and recovery after a sharp decline, with intense bull-bear competition.
Key levels: Resistance at 2485‑2500; first support at 2441, strong support at 2410.
Entry:
#ETH突破$2500
Conservative entry: Go long after the 2410‑2418 support zone holds on a pullback
Aggressive entry: Try a small long position near 2442 after the hourly K-line closes with a bottoming signal
Stop-loss:
Conservative stop-loss: Below 2392
Aggressive stop-loss: 2420
First target: 2475
Second target: 2495‑2500
Final target: 2520
Summary
1. After a round of declines, the market has entered a recovery phase. Do not chase the rise; waiting for a pullback to support offers a better risk-reward ratio for going long.
2. If the price holds above 2500 with increased volume, the rebound is confirmed to be strengthening; abandon the short setup.
3. A decisive break below 2392 would end the rebound and extend the downtrend; avoid long positions.
