Second Candle Short-term Morning Analysis

Entry: Buy on pullback around 1735
Target Range: Target (1) 1750—1760 (First reduce position and take profits)
Target (2) 1770—1790 (Breakthrough first, then hold remaining positions for potential gains)
Stop-loss: 1700
II. Market Logic Interpretation
Trend Structure: Market dips to 1700.37 low point then quickly reverses and rises, the momentum of short positions at low levels is nearly exhausted, short-term trend shifts from weak to strong; during the rise, the price stabilizes above the Bollinger upper band, buying support continues to flow in below, and the short-term momentum has no ability to return to the low zone.
Support and Sub-Force: The upper front at 1759.35 shows slight selling pressure, but only slows the upward speed, unable to reverse the short-term bullish pattern; technical indicators' bullish signals gradually intensify, and the short-term bullish dominates the market.
Trading Strategy: Prioritize buying on pullbacks at support levels within the day, aiming to capitalize on a rebound and upward trend.
III. Market Risk Reminder
This rally is only a temporary rebound after a decline; the medium to long-term larger cycle remains bearish, and short-term bullish momentum must strictly set stop-losses to prevent a sudden plunge below the low point, which could lead to losses from being trapped. #ETH