For $ETH , here’s a brutal “Wolf of Wall Street”–level dissection for you. 🛠️


First, #ETH —just like BTC—has just gone through a V-shaped reversal, and it’s currently in a long period of sideways trading! But at the big-picture level, the downtrend is still dominated by bears. The current rise is only a “oversold repair” after the prior drop from 1,946 to 1,803. As long as it hasn’t broken the key neckline at 1,870, all the gains can only be called a “bounce,” not a “reversal.” ⚠️
🎯 Strategy 1️⃣: Use a weak bounce on the 1-hour timeframe to set up short positions at the resistance. Test the 1,800 low again.
● Entry: 1,856 - 1,860 (this is the bottom of the small platform from the last leg down, and it’s a strong resistance zone on the 1-hour chart) 🔥
● Stop loss: Above 1,870 (if it holds above here, it means the main force really wants to pump—get out quickly).
● First target 1,825 Second target 1,805
🚀 Strategy 2️⃣: Only when the price breaks out of 1,865 with heavy volume and holds above it, can you confirm a short-term reversal.
● Entry: After breaking 1,865, enter when the retest confirms.
● Stop loss: 1,850.
● Take profit: Aim for the 1,900 integer level 🚀
ETH0.67%
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned