Yang Guang bit | June 25th $ETH Precision long strategy: Fully capturing the rebound trend

Today's thoughts
Entry timing
First long position: Pullback to the 1605-1610 range
Add to long position: Add positions on pullback to 1585-1595 range
Stop loss set below 1565
Phased take-profit
First take-profit target: 1640-1650
Second take-profit target: 1665-1675
Higher levels are not recommended; heavy overhead supply makes a breakout extremely difficult, and it's unnecessary to risk chasing the last leg
Core conclusion
After ETH hit a low of 1551 last night, bearish momentum was fully released, officially initiating an oversold recovery. However, this is only a technical rebound after the sharp drop; the major bearish trend has not reversed. Overhead supply and moving average resistance are layered, limiting the rebound's potential, and there is no basis for a V-shaped reversal. Today's operations focus on short-term long positions targeting the rebound, prioritizing stability, with quick entries and exits to lock in profits, avoiding blind holding. $ETH ‌