ETH current price 1570.4 strategy



**Opinion**: Ethereum has hit a 14-month low. The global crypto Fear & Greed Index stands at 15, indicating extreme fear. Ethereum's own sentiment index is at 35, in fear territory. Technically, bears dominate across the board. Sellers still control order flow. RSI is in oversold territory, suggesting short-term weak recovery demand. Until a clear reversal signal with volume appears, the macro trend remains bearish.

**Key Levels**
Short-term resistance: 1605
Strong resistance: 1668
Short-term support: 1512
Strong support: 1385

**Trade Orders**
Order 1: ETH Short (Win rate 88%): Entry 1590-1600, Stop 1610, Take profit 1550/1520/Third target 1480

Order 2: ETH Short (Win rate 85%): Entry 1650-1660, Stop 1675, Take profit 1580/1520/Third target 1450

Order 3: ETH Long (Win rate 78%): Entry 1515-1525, Stop 1505, Take profit 1570/1600/Third target 1630

Order 4: ETH Long (Win rate 82%): Entry 1380-1390, Stop 1370, Take profit 1480/1580/Third target 1680

**Current Price Action**
The current price is near short-term resistance. If you previously held long positions from lower levels, you can take profit and exit first. Lightly short with a unified stop loss above 1610.
ETH0.15%
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