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ETH first order 16:22
Short near 1755-1760
Take profit 1737
Stop loss 1775
Personal advice, for reference only
Judgment basis
① Structure: The previous decline has formed a trend divergence. The secondary-level pullback created a third buy point but then fell back into the previous central hub, invalidating the third buy.
② Price-volume relationship: Multiple rebounds surged with high volume but stalled, forming a price-volume divergence, and above is the key resistance of the previous upward central hub B.
③ Chan Theory momentum formula: Space divided by level. Each rebound: rebound stroke has small space but large level; decline stroke has small level but large space.