Yang Guang bit | July 1 $ETH Precise strategy, full trend control



Today's strategy
Entry timing: price rebounds to the 1590-1596 range
Short position add: rises to the 1602-1608 range
Stop loss set above 1615
Take profit in tiers
First target for short: 1565-1555
Second target for short: 1548-1530

Core conclusion
ETH dropped to 1549.16 last night, hitting a new low then starting an oversold repair rebound. The large-level bearish trend has not reversed. This rebound is entirely driven by passive short covering, lacking incremental capital and spot buying support throughout. The bullish counterattack is limited, with overhead moving averages and trapped positions stacking pressure. Overall, it remains a weak repair within a bearish continuation pattern, with room for further downside breakout. Today's operation is mainly shorting on rebounds $ETH ‌#Strategy拟回购股票
ETH1.00%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned