ETH

Over the past two days, we’ve been trading with a high-altitude mindset, following the “short” playbook—no need to say much about how well it’s worked. The short setup above 1800: once it comes down, you get to take big short positions for profit.

Right now, the local price action is ranging. After breaking above 1800, it hasn’t shown continuation upward. The downside hasn’t yet touched 1700. Before this range is effectively broken, for intraday trading, you can simply trade this zone by going short at the highs and going long at the lows.

Go long reference: 1720-1700 area
Go short reference: 1800-1820 area