ETH 1862 short-term breakout long trade practical plan

I. Entry parameters

Entry: at the current price 1862, take a light position and go long following the trend
Stop-loss: 1833 (if the body closes below key support, the bullish breakout structure for this leg fails)
First take-profit: 1880 (the first resistance level; halve the position to lock in profit)
Second take-profit: 1898 (exit the entire position and complete this short-term swing)

II. Core logic for going long

1、Technical analysis: Price breaks out with increased volume and stands above the previous resistance level 1860; resistance turns into support. The 4-hour moving averages are in a bullish alignment. Support at 1833 has been tested multiple times and remains solid; bearish selling pressure has exhausted. There is short-term trapped-seller selling pressure above 1880 and 1900; take profit in batches to avoid the risk of a spike-high reversal and subsequent pullback.
2、Fund flow: Net outflows from the ETH ETF slow down significantly. Institutions keep accumulating in batches at lower levels. In the L2 ecosystem and the RWA track, there is strong baseline demand; selloffs are well absorbed with sufficient downside follow-through liquidity,
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