June 14, 2026 ETH Contract Strategy (Current Price ~1,683 USDT)

Core tone: Daily chart shows a large bearish trend, with a weak rebound at low levels; insufficient volume, linked to BTC, mainly shorting on rebounds, key support with light positions for long entries.
1. Trend Structure (D1)

• Moving Averages: Price below 200MA (~1,700), medium-term bearish; short-term stabilization above 20/50MA (1,646–1,663), short-term bullish, medium-term bearish.

• Pattern: Fell from April high, about 24% decline this month, currently bottoming out and rebounding, rebound with decreasing volume.

• RSI(14): ≈53, neutral, exiting oversold but not strengthening.

• MACD: below zero line, green bars converging, bearish weakening, no golden cross, rebound not a reversal.

• Volume: 24-hour volume below 30-day average, rebound with no volume, sustainability is poor.

2. Key Support/Resistance (Short-term core)

Resistance (Shorting zone)

• R1: 1,695–1,700 (intraday strong resistance, 200MA)

• R2: 1,713–1,720 (rebound watershed, dense trapped positions)

• R3: 1,730 (Fibonacci 38.2%, strong resistance)

Support (Longing zone)

• S1: 1,665–1,670 (intraday key support, pivot level)

• S2: 1,650–1,655 (yesterday’s low, critical for rebound)

• S3: 1,580–1,620 (strong support, bottom of this decline)

3. 4H Trading Strategy (can be executed directly)

1) Short positions (main strategy, trend-following)

• Entry: 1,695–1,700, rejection with bearish candle/long upper shadow

• Stop-loss: above 1,710 (above R2)

• Take profit: 1,670 → 1,650 (partial exits)

• Position size: ≤20% (low liquidity over weekend)

2) Long positions (secondary, rebound)

• Entry: 1,650–1,655, stabilization with bullish candle/long lower shadow

• Stop-loss: below 1,640 (below S2)

• Take profit: 1,685 → 1,698 (exit on resistance)

• Position size: ≤10% (weak rebound, light positions)

3) Wait-and-see (neutral zone)

• Range: 1,670–1,695, oscillate without breaking, avoid frequent stop-loss.

4. Risk Control and Linkage Rules

• Weekend risk: low liquidity, frequent spikes, single trade ≤20%, total position ≤30%.

• Breakout rules:

◦ Volume breakout above 1,700 → stop short, wait or lightly long.

◦ Volume breakdown below 1,650 → stop long, trend-following short.

• BTC linkage: ETH is highly correlated; BTC breakdown will directly crash ETH.

5. One-sentence summary for today

Short at 1,695–1,700, long at 1,650–1,655, watch for oscillation in between; do not look for longs if above 1,710, do not expect deep drops #我的Gate交易时刻 if below 1,640.