$ETH #ETH Are the main players playing “fake moves” again? The needle at 1762 wasn’t put there for nothing. As long as it can’t break 1762 with volume, it’s just a matter of letting the rally fail—then we’re done.


🚀 Strategy 1️⃣: Aggressive Short
● Logic: 1762’s pressure is obvious, and the momentum is insufficient; it’s likely to pull back to confirm support.
● Entry point: Lightly short near the current price at 1749-1752, or add to the short if it rebounds to 1758-1760.
● Stop loss: Stay above 1765 (exit if the previous high is broken).
● Take profit: First target 1738,
Second target 1725.

🛡️ Strategy 2️⃣: Steady Long to Buy the Dip
● Logic: The 4-hour chart clearly shows the bottom rising. As long as it doesn’t fall below 1720, the long structure hasn’t been broken. The pullback is the opportunity to get in.
● Entry point: Pull back to the 1725-1730 range, stabilize, then go long.
● Stop loss: A drop below 1710 (an effective break of the recent low).
● Take profit: First target 1750,
Second target 1760.

⚡ Strategy 3️⃣: Breakout Follow-Through Order
● Logic: If the market suddenly surges with volume, and a single large bullish candle’s body holds above 1765, it means the short-term suppression has been broken, and a new round of upswing will begin.
● Action: After breaking 1765, if the pullback doesn’t break, chase the long; targets are 1780-1800.
ETH0.34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
FarmingNoSleep
· 07-10 04:31
The aggressive short position looks okay, but keep a close eye on the stop loss at 1765; don't get fooled by a false breakout.
View OriginalReply0
SlippageSkeptic
· 07-10 04:15
Keep all three strategies ready. Whichever signal the market gives, follow it. Being flexible is never wrong.
View OriginalReply0
MevHasMeCompletelyConfused.
· 07-10 03:31
Raising the bottom is a fact, but the main players love to repeatedly shake the market in this position, and the conservative crowd is waiting at 1725.
View OriginalReply0
GlassDome
· 07-10 03:04
The breakout chasing strategy demands too much execution ability; ordinary people can't keep up, so it's safer to just watch from the sidelines.
View OriginalReply0
LunaCircuit
· 07-10 02:45
The 1762 wick is indeed ambiguous, volume hasn't kept up, going short first.
View OriginalReply0
  • Pinned