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Early this morning, Ethereum experienced a rapid surge, briefly touching the $1,833 area before retreating below $1,800. Short-term market competition is intense, with clear divergence between bulls and bears. It is recommended to primarily go long on pullbacks and lightly short near key resistance levels as a secondary approach.
📊 Market Focus at a Glance
· Short-term trend: Bulls remain dominant, with price trading above the $1,760–$1,750 area, and the TD Sequential indicator showing a buy signal.
· Key levels: Above, resistance at $1,800–$1,830 (psychological level and strong resistance); below, core support at $1,778–$1,750 (buy zone on pullback).
· Potential risk: After the early morning surge, the 4-hour MACD shows a bearish crossover, suggesting a need for pullback and repair. Be sure to manage position size and stop-losses.
📈 Specific Operational Reference Ideas
· Conservative long (support pullback): If price pulls back to and stabilizes in the $1,778–$1,750 area, consider light long positions with targets at $1,800–$1,830, stop-loss set below $1,744.
· Aggressive short (resistance test): If price rebounds to the $1,810–$1,830 area and faces clear resistance, lightly test short positions with targets at $1,778–$1,730, stop-loss set above $1,830.
It is important to note that futures trading carries high risk. The above analysis is based on current market conditions and is for reference only. Please be sure to set stop-losses and control leverage.