ETH Today's Trading Recommendation Plan (Prioritize Short Positions, Very Light Long Positions)

Plan A: First Tier Trial Short Entry Point: 1708~1712 Hard Stop Loss: 1745
Entry Conditions: 5-minute surge to close with a long upper shadow shooting star / Bearish engulfing candlestick, KDJ rebound to 80 overbought death cross, WR rebound to -20 extreme overbought then turn down;
Partial Take Profit:
1. First Take Profit: 1648~1652
2. Second Take Profit: 1550~1555
Second Tier Add Short Position
Entry Point: 1870~1875 Stop Loss: 1908
Long-term Ultimate Take Profit: 1503 previous low, if effectively broken below 1503, look towards 1020 Fibonacci extension long-term target.
Plan B: Short-term Long Entry Point: 1646~1650 Stop Loss: 1638
Entry Conditions: 5-minute double bottom with a bullish hammer candlestick, WR drop to -90 extreme oversold, KDJ golden cross at low levels; After reaching 1708, exit all positions immediately, do not hold long positions to speculate on large-scale market movements.
Personal advice, for reference only, entry gains and losses are at your own risk!!! #技术分析指标 #ETH行情分析 $ETH