$ETH Current Situation

Currently, ETH price is around 2245, it dropped quite a bit today, just a slight rebound, but overall still weak and not fully stabilized.

Main operational ideas (priority)

Trading direction: Short when it rebounds upward (bearish)

When to open a position: When the price rises to the 2250-2260 range, and it shows no further upward movement or forms an upper shadow, you can open a short position.

How to set stop-loss: If the price breaks above 2285, exit immediately, indicating the wrong direction judgment.

How to take profit:

1. When it drops to around 2235, close half to lock in some profit.

2. When it drops to around 2218 (today’s low), close all.

3. Alternative operational idea (secondary)

Trading direction: Long when it stabilizes after falling (bullish)

When to open a position: When the price falls to 2230-2235, and it shows no further downward movement or forms a hammer, you can open a long position.

How to set stop-loss: If it falls below 2215, exit immediately to prevent further decline.

How to take profit:

1. When it rises to around 2255, close half.

2. When it rises to around 2275, close all.

4. Important risk control rules

Do not invest more than 5% of your total funds in a single trade.

Keep leverage within 20x.

When not at the target level or the direction is unclear, do not open trades randomly. It’s better to miss the opportunity than to make mistakes.