I. Core technical point analysis
1. Key resistance levels for 1-4 hour: Focus on the 1791-1794 range. If the price cannot break through this range during this period, the subsequent market is likely to trend sideways; conversely, if it cannot stabilize, be alert for a pullback triggering a bearish market.
2. Daily level reference: Key support levels at 1688, 1720 as short-term strong support. Daily close above 1720 indicates bullish trend dominance; if it breaks below, be cautious of intraday volatility and downward risks.
- Daily support zone: 1720-1725, 1685-1690
- Daily resistance zone: 1800-1805, 1840-1845
II. Trading strategy recommendations
(I) Long strategy
1. Short-term long positions
- Entry range: 1730-1740; confirmation of stabilization is required before light position operation, with stop-loss reference below the 4-hour K-line body (execute if 1725-1720 does not break).
- Subsequent focus: Potential accumulation opportunities in the 1675-1685 range.
2. Medium to long-term long positions: Focus on timing for layout in the 1600-1610 range.
(II) Short strategy
1. Short-term short positions: 1780-1785 range; if the rebound cannot hold, consider trying a very short-term short (if unsure, it is advisable to observe).
2. Subsequent short positions
- If 1825 is not effectively broken, consider pre-emptively attempting a light short in the 1840-1850 range;
- Focus on the strong resistance area of 1892-1902; if touched, short positions can be deployed.
III. Risk warnings
1. Strictly implement stop-loss and take-profit. If there are no clear signals or insufficient confidence, it is recommended to remain on the sidelines.
2. Market volatility is severe; strategies need to be flexibly adjusted based on real-time market conditions.
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