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eth7.4 Strategy
The core bearish sentiment remains unchanged; the current market is only a short-term rebound, the major trend has not reversed, prioritize shorting at highs.
Strategy as follows↓
If it breaks below 1743 with volume increase, directly chase short,
On rebound to 1804, pre-place a half-position short order,
Control volume throughout and set stop loss.
Only if the price firmly holds 1775 can it challenge 1800,
If the range is stuck between 1746-1775, wait and watch for a breakout;
If the hourly line stabilizes at 1764, look for a small rebound to 1779-1800,
Only for short-term, do not chase long.
If the 4-hour breaks 1742, follow the trend to target 1715 and 1686; only if it holds the trend support at 1680 is there a chance for a rounding bottom rebound to 1842; once it breaks below 1680, the bullish structure is completely destroyed, and a deep correction begins; the overall market lacks upward momentum, firm bearish orientation.