April 29 20:42 Night $ETH US stocks technical analysis for one-hour trend indicates a generally bearish direction: (For reference only)

(Current price around 2310 can directly short)
Current price: 2310 (Ethereum)

• Major trend (4H/Daily): Volatile and bearish, death cross dominates

• Small cycle (1H): Golden cross at low levels → Short-term rebound

• Trading position: Golden cross is a rebound shorting opportunity, not a reversal to go long
1. Bearish trend logic (short at 2310)

1. Structure: Peak at 2463 retreating → Entering 2250–2350 range oscillation, 2310 is the resistance zone for rebounds, with heavy selling pressure above.

2. Moving averages (4H):

◦ MA30/60 flattening and pressing down, price oscillating below the moving averages → Bearish dominance.

◦ 1H: Short-term golden cross rebound, but limited by 4H death cross → Limited rebound space.

3. MACD:

◦ Daily: High-level death cross, increasing green bars → Bearish dominance.

◦ 1H: Low-level golden cross → Only a short-term corrective rebound.

4. Volume: Increasing volume on decline, decreasing volume on rebound → Weak rebound, strong decline.

In summary: The major trend is bearish, and the small cycle golden cross is an entry opportunity for shorts.
2. Short at 2310: Entry/Stop-loss/Take profit (execute directly)

1) Entry

• Short in the 2300–2320 range (current price 2310, enter directly)

• Condition: 1H golden cross rebound fails to break through 2350.

2) Stop-loss (must be set)

• Stop-loss: 2360

• Reason: 2360 is recent dense resistance + above 4H MA30, breaking through invalidates the bearish outlook, exit short positions.

3) Take profit (partial, target under golden cross)

• First take profit: 2260–2250 (short-term strong support, target for 1H golden cross rebound retreat)

• Second take profit: 2200–2180 (bottom of range, target for 4H bearish trend)

• Aggressive take profit: 2150 (mid-term strength/weakness dividing line)

4) Handling of golden cross (key)

• 1H golden cross rebound: only add to short positions on rallies, never chase longs.

• If volume increases and breaks through 2350 after golden cross: reduce short positions/exit, wait for second short at 2380–2400.
3. Position sizing and risk control (contract survival)

• Leverage: 5–8x (high volatility around 2310, avoid heavy positions)

• Position: Use 10%–15% of total funds to enter, do not add at 2340, only lightly top up after stabilizing at 2250.

• Risk-reward ratio: Stop-loss 50 points, first take profit 50–70 points → 1:1–1:1.4, acceptable
4. One-line execution

Short around 2310, stop-loss at 2360, take profit at 2260→2200; 1H golden cross is a rebound shorting opportunity, exit if breaking through 2350.