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The more volatile ETH's price action is, the more it tests trading discipline. What really makes money is not predicting the direction, but following the rhythm.
Yesterday ETH fell first and then rose, and it pulled back again in early trading today. News events continue to be a key factor affecting short-term fluctuations. Weak U.S. economic data once pushed ETH to rebound, but as the situation between the U.S. and Iran escalated again, risk aversion heated up, and the market re-entered a consolidation phase.
From a chart perspective, yesterday's bounce after retesting the 1725 level indicates that there is still capital absorption in this area. However, prices have never firmly held above 1808, and the bulls have not yet opened up new upside room. For now, ETH is still in a phased adjustment after its rally, repeatedly oscillating within the 1817–1725 range.
Today, I am focusing on the 1725–1710 zone.
If the price stabilizes after a pullback and reclaims 1740, I will pay more attention to opportunities for going long with the trend; if the chart does not provide a confirmation signal, I will not enter the market early but will continue to execute my trading plan.
My trading approach has never changed:
As long as the trend is not broken, I focus on buying dips rather than emotionally chasing highs and selling lows. Every trade requires the chart to provide a reason, not just subjective judgment.
If signals that match my trading system appear during the session, I will update my actual trading ideas and execution logic in real time. Feel free to discuss the market together and jointly review the trades.