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April 2-3 ETH Market Analysis | Short Position Strategy
Recently, ETH short positions have been liquidated in three consecutive waves. The trend is clear, and the rhythm is well-defined. Continue to go short on April 2-3 with the trend.
Core Logic
The bear market structure has not ended; a rebound is a shorting opportunity. The mid-term turning point in the bull market is currently expected around the October-November mid-term elections. The current trend remains predominantly bearish.
Trading Plan
Asset: ETH
Direction: Short
Entry: 2112
Stop Loss: 2170 (monthly resistance level, near recent highs; a breakout would invalidate the short position)
First Take Profit: around 2010 (support level below)
Second Take Profit: 1960-1910 (lower acceleration zone)
It’s not just about being able to short; it’s about covering the short! It’s not just about earning; it’s about guaranteed profit! $ETH #Gate广场四月发帖挑战