Recommended Cryptocurrency: Ethereum (ETH/USDT)
Direction: Bullish
Entry Point: Around $2,480
Target Take Profit: $2,520-$2,550 (after breaking key resistance)
Stop-Loss Suggestion: $2,450 (strict risk control)
Expected Return Rate: 1.6%-2.8% (leverage should be used cautiously, recommended 5-10x)
Core Basis:
Technical Pattern:
The 4-hour chart shows a double bottom pattern, with the neckline at $2,500; if broken, it is expected to accelerate upward.
MACD golden cross formation, RSI rebounding from the oversold area, short-term momentum is strengthening.
Market Sentiment:
Recent expectations for Ethereum network upgrades (such as EIP-4844) may drive buying pressure, and rising on-chain gas fees indicate increased activity.
Bitcoin's stabilization drives altcoin rotation, and the ETH/BTC exchange rate shows signs of rebound.
Risk Warning:
If it fails to break above $2,500 or if the overall market corrects, strict stop-losses are necessary.
Avoid high leverage (over 10x) to prevent short-term spike risks.
Alternative Strategy (if ETH fails to break out):
Cryptocurrency: Bitcoin (BTC/USDT)
If BTC breaks below $63,000 support, consider a small short position with a target of $61,500 and a stop-loss at $63,500.
Summary:
ETH's short-term technicals are bullish, and combined with market sentiment, it is expected to surge, but key breakout levels must be closely monitored. For ultra-short-term trading, be sure to set stop-losses and limit positions to no more than 5%. Strategies should be adjusted in real-time based on trading volume and news developments.
Note: The above analysis is based on hypothetical market conditions; please be sure to verify real-time data before making actual trades.
