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For the 4-hour structure of the second coin (ETH), let’s break it down:
This kind of fast, aggressive surge comes with a suddenly steepening slope. It’s often a signal of “end-of-day sprint” momentum exhaustion, which will most likely lead to a retracement. At this moment, focus on whether the retracement can gain effective support at key structural levels. If the price does not fall below or fail to meaningfully break above the previous key structural level, then the pullback is still a trend continuation. Once it breaks through and forms a clear SMS (market structure shift), the single-trade logic must follow the new backdrop and adjust direction promptly based on price action.
In my view, this round of retracement is likely to break through the 1700 psychological level. The first possible setup zone to watch is around 1680, and the second setup zone is around 1630—suitable for positioning a rebound trade. As long as the risk-reward ratio is not less than 1:1.5, you can consider entering at market price. #我的Gate交易时刻 $ETH