ETH $ETH rallied in early trading today, hitting a high of around 1833, then directly plummeted, bottoming out near 1728, just hitting the 1727 support level we've been mentioning. It has now rebounded slightly, currently quoting at 1768.


On the hourly chart, the MACD green bars continue to expand, bearish momentum is still releasing, and KDJ has already fallen into oversold territory. A short-term rebound repair may occur at any time, but after the rally and crash, the short-term outlook is still a volatile and weak pattern.
If it breaks above 1786 with volume, directly go long on the right side. If it breaks and then falls back below the breakout level, immediately stop loss and exit.
Conversely, if it breaks below 1757 with volume and fails to retest and hold above, directly go short on the right side with a stop loss.
If it pulls back to around 1727 and confirms support, you can lightly go long. If it breaks below 1696, stop loss unconditionally.
If it rallies to around 1877, you can lightly try short. If it breaks above 1910, stop loss and exit.
For those who got wicked, place a pending long order at 1660. Stop loss if it breaks below 1623.
On the hourly level, as long as it holds above 1786, the upside target is the 1815-1850 range. If it cannot hold 1786, the rebound lacks strength, don't blindly chase.
If the 4-hour level effectively breaks below 1758, the downside will test the support range of 1727 to 1695.#Strategy上周减持3588枚BTC
ETH2.87%
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CandlestickArtisan
· 07-07 09:18
If 4H breaks below 1758, we'll see 1695. Don't rush to take action yet.
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PlanB_Follower
· 07-07 09:11
Hourly oversold + green bar with increasing volume, both bulls and bears are hesitant at this level. Wait for direction choice around 1786.
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GenerationalStack
· 07-07 08:30
The support at 1727 is genuinely strong—those who placed limit buy orders at 1660 when the wick dipped have steady nerves.
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CollateralCora
· 07-07 08:15
The strategy is written in detail, but if it really breaks below 1623, those people will probably start cursing.
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