Brothers, just now when I was watching the market, I found that $ETH this wave of market is a bit interesting, the hourly chart dropped quite sharply, now around 1980 is slightly stabilizing, I judge that in the short term it is still mainly bearish.



The short-term opportunity is here, we can consider lightly shorting around 2005–2010, with the target first aiming at 1970, and if things go smoothly, we can also look at around 1900. If it breaks 1950, it might continue to decline all the way down to 1800. But note, set the stop-loss for the short position above 2030, if it breaks, don’t fight it.

If someone prefers to buy the dip and catch rebounds, the 1970–1930 range is a relatively safe zone for low buying, targeting 2020–2040. If the rebound momentum is strong, you can chase to 2070–2100.

But this kind of rebound is still more aggressive, position size should be controlled well. Volume and MACD indicate that the bulls haven't formed an effective counterattack yet, and the main funds are still distributing, so the probability of a short-term bearish trend is higher.

To sum up in one sentence: the main direction is bearish first, wait for the low point to look for rebound opportunities, strictly set stop-losses, and take profits in segments. Risk control is the top priority, brothers, just follow the rhythm. $HYPE $LAB
ETH-2.02%
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