#Gate广场四月发帖挑战 ETH subsequent key price levels and response strategies list

1. Key price level divisions

1. Short-term resistance levels
- First resistance: $2,273.25 (intraday high)
- Second resistance: $2,300 (psychological barrier at an integer level)
2. Support levels
- First support: $2,223.02 (recent correction support)
- Second support: $2,060.25 (24h low, strong support)
- Ultimate support: $2,022.11 (starting point of this rally)

2. Trading strategies under different market conditions

(a) Bullish continuation scenario

1. If the price breaks through $2,273.25 and stabilises, consider a small long position, with a stop-loss below $2,250, targeting $2,300;
2. If $2,300 is broken, continue holding long positions, with the next bullish target at $2,350 (previous historical upper boundary).

(b) Short-term correction scenario

1. If the price falls back to around $2,223.02 and shows signs of stabilisation (such as a bullish candle or MACD decreasing in red volume), consider building long positions in stages, with a stop-loss below $2,200 and a target of $2,273.25;
2. If it falls below $2,223.02 but remains above $2,060.25, mainly observe and wait for support to stabilise before considering new positions.

(c) Trend reversal warning

1. If it effectively breaks below $2,060.25 (closing price below this level), the bullish trend may be temporarily over, consider a small short position, with a stop-loss above $2,100, targeting $2,022.11;
2. If $2,022.11 is also broken, decisively exit and observe to avoid further downside risk.

3. Risk warning

1. Cryptocurrency volatility is intense; strictly control position sizes during trading, with individual positions not exceeding 20% of total funds;
2. Pay attention to overall market sentiment and Bitcoin trends (ETH is highly correlated), and adjust strategies promptly if BTC experiences significant fluctuations.