ETHUSDT


Complete Market Analysis (Current Price 1772.01)
Ethereum (ETH) has shown a volatile but slightly bullish trend over the past 24 hours, with a high of 1807.65 and a low of 1744.09, up 1.37% in the past 24 hours. From the current chart, the price faced short-term selling pressure above 1800 and pulled back, currently finding local support around 1770. The overall trend is assessed as volatile but slightly bullish, with clear selling pressure in the 1800-1810 range above and strong buying support in the 1740-1750 range below. Intraday, it is likely to maintain a high-level oscillation within this range. The recommended approach is to prioritize buying on pullbacks, supplemented by selling on rallies, while strictly controlling position size and leverage.
Key Resistance & Support
- Short-term Resistance: 1795
- Strong Resistance: 1810
- Short-term Support: 1750
- Strong Support: 1720
Clear Trade Setups (High Win Rate Priority)
Setup 1: ETH Buy on Pullback (Win Rate 75%)
Entry: 1745 - 1755
Stop Loss: 1728
Take Profit: 1790 / 1805
Logic: This range is near the 24-hour low and a short-term support area, also the lower edge of the recent dense trading zone. A pullback to this range with stabilization offers a high risk-reward ratio for a long position.
Setup 2: ETH Breakout Buy (Win Rate 70%)
Entry: 1812 - 1818
Stop Loss: 1795
Take Profit: 1850 / 1870
Logic: If the price breaks above the strong resistance level of 1810 with strength and holds, it indicates the upside is open. You can follow the trend with a long position, targeting the next strong resistance area.
Setup 3: ETH Re-Confirmation Plan After Stop Loss (Long) (Win Rate 65%)
Entry: If Setup 1 is stopped out with a break below 1728, wait for a clear bottoming signal in the 1700 - 1710 range, such as a false breakdown recovery or a long lower shadow, before entering a long position on the right side.
Stop Loss: 1685
Take Profit: 1750 / 1780
Logic: 1700-1710 is a strong support range. If the previous long is stopped out, do not place an order unconditionally; you must wait for a right-side confirmation signal of stabilization at the strong support level before setting up a second position.
Current Price 1772.01 Trading Suggestion: The current price is at the middle of the oscillation range, with poor risk-reward ratio. It is not recommended to chase long or short directly at this level. Aggressive traders can wait for a bounce to 1790-1795 to lightly short, with stop loss at 1810 and take profit at 1755; conservative traders are advised to patiently wait for a pullback to around 1750 before setting up a long position.
Summary: The core intraday approach is to treat the market as range-bound with a slight bullish bias, adopting a strategy of "primarily buying on pullbacks and following breakouts with the trend," strictly adhering to a risk control discipline of no more than 1% loss per trade.
ETH-1.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
ByteSizedAlpha
· 07-07 05:12
The 1810 breakout and chasing long trade feels like a decent win rate, but you need to keep a close eye on volume—there have been too many false breakouts recently.
View OriginalReply0
  • Pinned