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$ETH For intraday short-term trading, we adopt a dual strategy of "following the major trend (short) and going against the minor trend (short-long for bounces)," focusing on capturing profits from range-bound fluctuations!
Strategy A: Shorting at highs as the main approach (80% win rate) — Follow the trend for gains
● Logic: Since the 1-hour level is in a bearish trend, any bounce is an opportunity for shorts to profit. As long as it doesn't hold above 1770, any rise is a fakeout.
● Entry point: Wait for the price to bounce back to the 1760 - 1770 range.
● Action: Enter short positions in batches.
● Stop loss: Strictly set above 1772 (to prevent being stopped out by false breakouts).
● Take profit targets: First target is a pullback to 1750, second target is a breakdown of 1742.
Strategy B: Short-term longs as a supplement (60% win rate) — Risky but rewarding
● Logic: Take advantage of oversold corrections on the 15-minute level to catch a quick bounce. The prerequisite is holding the previous low of 1741.
● Entry point: If the price drops to around 1745 - 1752 and holds, forming a small bullish candle.
● Action: Lightly attempt long positions.
● Stop loss: Exit immediately if it breaks below 1740 (do not hold, a breakdown leads to a deep drop).
● Take profit target: Exit quickly near 1758 - 1762 on the bounce.