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ETH Practical Review, 2420 Short Perfectly Closed for Profit, Bullish Outlook Remains Unchanged!
The ETH 2420 short position planned in advance has successfully reached the target level and exited for profit. The short-term bearish gains are securely in hand, and the market trend perfectly matches the forecast with no surprises.
Reviewing the current market, ETH remains in a weak oscillation pattern in the short term, with resistance levels above still exerting strong pressure. The core strategy remains to rebound and short, avoiding blindly chasing longs or easily bottom-fishing, strictly relying on key levels for positioning.
The main shorting range remains unchanged, closely watching the two key resistance levels at 2400 and 2380. When the market rebounds to this zone and faces resistance, it’s an opportunity to enter short positions gradually.
The first take-profit target below is 2350; if broken, look further down to 2320, using laddered profit-taking to lock in gains and control the trading rhythm.
Trading is never about blind gambling but about following market signals and acting accordingly.
Currently, ETH lacks sufficient bullish momentum, with limited rebound strength. A high-altitude short strategy remains the most cost-effective choice at present.
In operation, be sure to manage your positions well, set stop-losses after entering, avoid holding oversized positions or greed, and execute strictly according to key levels!
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