Price quickly broke through to $1,868**, which means it was a volume-backed breakout above the previously mentioned $1,800-$1,850 resistance band. The short-term structure has shifted from “range-bound” to a “bullish rebound”**.



The core of current trading is “chase cautiously to avoid bull-trap, and look for buy points on pullbacks”:

· Chase-ups require caution: $1,868 is exactly hitting the 4-hour key moving average resistance, and the short-term RSI is nearing overbought. If you buy directly now and it turns out to be a false breakout, you can easily get trapped at short-term highs.
· Steady buy points (pullback strategy): Focus on the first pullback to the $1,820-$1,830 area (former resistance turned support). If a clear reversal/stopping-falling candlestick appears, it can be considered a trial long point with a favorable risk-reward ratio.
· Aggressive breakout (right-side confirmation): If price can break and hold on higher volume above **$1,880** and stay for more than 15 minutes, it can be seen as a valid breakout. Then consider adding with a small position; the upside space could be around $1,920.
· Defense and take-profit: If going long, set a strict stop-loss **below $1,790**. For short-term take-profit, look at **$1,900-$1,920**. If price rallies into this zone and then stalls, it’s recommended to take profits first.

Special reminder: This is a period of “news vacuum” with rapid volatility. When liquidity is thin, price is prone to wick/spike through levels. Use small position sizing to respond. If you plan to short, wait until $1,880 shows a clear false breakout followed by a pullback before considering it—do not blindly trade against the trend. #以太坊
ETH6.32%
View Original
post-image
[The user has shared his/her trading data. Go to the App to view more.]
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
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
TheWindOnTheBridgeIsTooStrong.
· 3h ago
The condition that at 1880 the volume increases and holds steady for 15 minutes is quite practical—it helps avoid getting buried by a fake breakout. I’ve marked it.
View OriginalReply0
PickingUpAirdropsInTheFog
· 4h ago
Entering in the RSI overbought zone can definitely leave you stuck; it’s more solid to wait for a pullback to 1820 and see whether there’s a downside-stop signal.
View OriginalReply0
  • Pinned