ETH current price 1754.94 strategy

View: Currently, ETH has started a rebound from the previous low of 1503. It has successfully broken through the key bull-bear demarcation point at 1753, the medium-term downward momentum has clearly weakened, short-term moving averages form a bullish alignment, and the overall rebound trend is healthy; however, the short-term KDJ indicator has entered the overbought zone, indicating some pullback demand, coupled with heavy selling pressure near the strong resistance above, the overall trend is defined

Key levels

Short-term resistance 1780

Strong resistance 1806

Short-term support 1710

Strong support 1672

Trading orders

Order 1: ETH Long (win rate 85%): Entry 1710-1720, Stop loss 1670, Take profit 1750/1780/Third target 1800

Order 2: ETH Long (win rate 82%): Entry 1672-1685, Stop loss 1640, Take profit 1720/1760/Third target 1800

Order 3: ETH Short (win rate 78%): Entry 1795-1806, Stop loss 1835, Take profit 1760/1730/Third target 1710

Order 4: ETH Short (win rate 80%): Entry 1775-1785, Stop loss 1810, Take profit 1745/1720/Third target 1680

Current price operation

The current price is in a neutral zone between bulls and bears. It is not recommended to blindly chase the upside. For existing long positions, you can first reduce 30% of the position to lock in some profits, and keep the remaining position with a stop loss at 1700, continuing to look toward the upper targets.