Yang Guang bit | October 17 $ETH — Rejected at rebound highs and pulled back; favor selling rallies amid surging oil prices
【Today’s Strategy】
Entry: Set up short positions on a rebound to the 2430—2445 range
Stop-loss: Above 2465
Take-profit targets:
First target: 2400—2410
Second target: 2375—2385
【Key Takeaways】
ETH rebounded with the broader market to 2493.48 last night before coming under pressure and pulling back; it is currently trading around 2417. On the 4-hour chart, price is below all moving averages, which are fully bearishly aligned, and the weak structure remains unchanged. On the news front, Trump said he may strike Iranian nuclear facilities, while the US and Israel are reportedly discussing strike plans in secret; Brent crude surged to $110, stoking safe-haven sentiment. Fed Chair Warsh said he would not prejudge the rate decision, and expectations of an October rate hike fell below 15%, but the 10-year Treasury yield climbed back above 5.12%. On-chain, Bitcoin ETFs saw net outflows of more than 3100 BTC on CPI day, as institutional investors remained cautious. Weekend liquidity is thin; the intraday strategy is to favor selling rallies and take light short-term longs at support. Don’t chase one-way moves; stick with the trend throughout. A trend-driven collapse or sharp plunge is not expected. $ETH #比特币短线站上8.2万美元
【Today’s Strategy】
Entry: Set up short positions on a rebound to the 2430—2445 range
Stop-loss: Above 2465
Take-profit targets:
First target: 2400—2410
Second target: 2375—2385
【Key Takeaways】
ETH rebounded with the broader market to 2493.48 last night before coming under pressure and pulling back; it is currently trading around 2417. On the 4-hour chart, price is below all moving averages, which are fully bearishly aligned, and the weak structure remains unchanged. On the news front, Trump said he may strike Iranian nuclear facilities, while the US and Israel are reportedly discussing strike plans in secret; Brent crude surged to $110, stoking safe-haven sentiment. Fed Chair Warsh said he would not prejudge the rate decision, and expectations of an October rate hike fell below 15%, but the 10-year Treasury yield climbed back above 5.12%. On-chain, Bitcoin ETFs saw net outflows of more than 3100 BTC on CPI day, as institutional investors remained cautious. Weekend liquidity is thin; the intraday strategy is to favor selling rallies and take light short-term longs at support. Don’t chase one-way moves; stick with the trend throughout. A trend-driven collapse or sharp plunge is not expected. $ETH #比特币短线站上8.2万美元
