Yang Guang bit | July 3 $ETH One-sided short strategy, trend fully grasped



Today's ideas

Entry timing: 1725-1735 range

Stop-loss set above 1745; if the previous high is effectively broken, the short-term rhythm changes and exit to observe.

Tiered take-profit
Short target 1: 1680-1690
Short target 2: 1650-1660
Breakout add position target: below 1620

Core conclusion
ETH's oversold rebound starting from the low of 1510 has entered a high-level stagnation phase after reaching 1725, with no reversal in the large-scale bearish trend. This rebound is entirely driven by passive short covering, with no incremental institutional funds absorbing the supply. The overhead resistance from previous trapped positions is dense. The current level is the bull trap rebound high during the downtrend, and it will return to the downward channel. $ETH ‌#非农爆冷打压加息预期
ETH2.64%
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