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$ETH Evening 7 PM Bull and Bear Trend Analysis (For Reference Only)
Currently, ETH 1-hour chart, synchronized with BTC, shows a sideways correction leaning bullish, but weaker than BTC. Prefer to go long; short positions should only be taken on pullbacks from high levels, avoid heavy positions.
First resistance at 2280-2300; if broken, push towards the previous high of 2346. Support at 2220-2230; if broken, the trend turns weak.
Long position plan
Conservative entry: 2240-2250, buy on pullback to the middle Bollinger Band + EMA, stop loss at 2220, exit if loss reaches 30 points, first take profit at 2280, then aim for 2300 if it breaks through.
Aggressive entry: 2260-2265, small position near current price, stop loss at 2235, loss of 30 points, same take profit targets as above, can take half profit at 2280.
Short position plan (not recommended for heavy positions, only for hedging)
Conservative entry: 2290-2300, short on touch of the upper Bollinger Band + previous high resistance, stop loss at 2310, if it breaks the high, accept the loss, take profit at 2250, then 2230 below.
Aggressive entry: 2280-2285, small position on touch of the upper Bollinger Band, stop loss at 2305, first take profit at 2250.
Overall, follow BTC; bulls are dominant but with moderate strength. Buying on dips is more stable. Set proper stop losses, avoid blindly chasing shorts. $BTC $SOL #WCTC交易王PK