ETHUSDT


Complete Market Analysis (Current Price 1764.11)
Ethereum (ETH) is currently oscillating and consolidating around 1764.11, with a 24-hour high of 1807.65 and a low of 1754.32. The overall trend on the daily timeframe shows a bearish consolidation pattern, with rebound highs gradually decreasing. On the 4-hour chart, price has been repeatedly rejected at the 1800 level, while there is some short-term buying support near 1750. The current market shows intense battle between bulls and bears, with no significant increase in volume. In the short term, it is likely to continue oscillating and washing out positions within the 1730 to 1800 range. Therefore, the intraday trading strategy is set as bearish consolidation, prioritizing short positions at highs, supplemented by long positions at lows, strictly implementing phased position building and defensive discipline.
Key Support & Resistance
- Short-term Resistance: 1785
- Strong Resistance: 1808
- Short-term Support: 1750
- Strong Support: 1730
Specific Trade Plans (High Win Rate Priority)
Trade 1: ETH Short at Highs (Win Rate 75%)
Entry: 1785 - 1795, scale in phased
Stop Loss: 1812 (exit stop if previous high 1807.65 is broken)
Take Profit: 1755 / 1735
Logic: The 1785-1795 range is a dense chip congestion area and near the upper Bollinger Band on the 4-hour chart. Shorting in this area offers a good risk-reward ratio, with defense placed above the strong resistance level of 1808.
Trade 2: ETH Long at Lows (Win Rate 70%)
Entry: 1730 - 1740, scale in phased
Stop Loss: 1718 (exit stop after breaking strong support at 1730)
Take Profit: 1765 / 1780
Logic: 1730 is a strong support area where price has bounced multiple times before. Buying support is strong, and the first touch of this area is likely to trigger a technical rebound.
Trade 3: Post-Stop-Loss Confirmation Plan for ETH Short (Win Rate 65%)
Entry: If Trade 1 is stopped out (i.e., price breaks 1812), wait for price to show a false breakout, long upper wick, or fall back below 1808 in the 1820-1830 area, then enter short at market price.
Stop Loss: 1845
Take Profit: 1785 / 1760
Logic: This order is not a pending unconditional order. If the market forcefully breaks through the strong resistance at 1808, it indicates strong bullish momentum, so do not blindly top-fish on the left side. Only after confirming a false breakout and price falling back below the key level can a secondary short position be entered.
Operation at Current Price 1764.11
The current price is near the middle of the oscillation range, offering very low risk-reward ratio with no clear advantage for either direction. It is recommended to stay on the sidelines and patiently wait for a pullback to the 1730-1740 range to place long positions, or a rebound to the 1785-1795 range to place short positions. Strictly adhere to position management: single position opening not exceeding 10% of capital, leverage limited to within 5x, maximum single trade loss controlled within 1% of total capital.
Summary: Range oscillation, buy low and sell high, strict defense, avoid chasing ups and downs.
ETH1.04%
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GateUser-2eca626f
· 07-05 13:31
The strong support at 1730 has indeed been tested several times without breaking, but it feels like this time, if it drops with volume, it could directly spike down. I’ll open a long position around 1740 with a small stop-loss to test the waters; if it breaks 1718, I’ll accept it. If it doesn’t break, I’ll let it rebound to 1765 and reduce the position to stay at breakeven.
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