Erbai's trading strategy for today (short-term)



Long (buy on dips)

• Range: 2330–2340 light position long

• Stop loss: below 2300

• Target: 2390–2420, watch for a break to 2450

Short (follow the break)

• Trigger: break below 2330 and close a 4-hour downtrend candle

• Stop loss: above 2360

• Target: 2300→2280

Wait and see

• Do not chase high in the 2340–2390 range, wait for a clear breakout or breakdown

ETH is in a consolidation phase between 2330–2420, the bullish structure is not broken but momentum is weak, focus on BTC direction + breakthrough of 2330 support / 2420 resistance.

Cryptocurrency is highly volatile, the above is only technical analysis and does not constitute investment advice. Be sure to strictly control position size and set stop losses.
ETH-2.65%
BTC-2.07%
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