1. Core Point Analysis

1. Bull-Bear Watershed: 1790 (staying steady at the 1-2 hour level serves as a rebound signal; otherwise, weakness continues).

2. Upper Resistance Level (Upper Support):

- First Pressure: 1830 (short-term rebound target)

- Second Pressure: 1856 (reference for wave pressure)

- Ultimate Pressure: 1880 (strong resistance range)

3. Lower Support Level (Lower Support):

- First Support: 1721 (short-term defense line to prevent a sharp drop)

- Second Support: 1695 (bull-bear wave watershed)

- Ultimate Support: 1666 (reference for bottom gaming)

2. Summary of Bull-Bear Trend Conditions

- Bullish Conditions: The closing price of 1-2 hours remains above 1790, with moderate volume increase, confirming the initiation of a rebound.

- Bearish Conditions: The closing price of 1-2 hours is under pressure below 1790, breaking 1721 without rebounding, confirming the continuation of weakness.

3. Entry Position Strategy

Bullish Rebound Scenario:

- After effectively stabilizing above 1790, aggressive traders can try a light long position near 1790; conservative traders should wait for a price retracement to the 1790-1810 range, confirming the effectiveness of support before entering.

Bearish Continuation Scenario:

- When a rebound meets resistance and falls back around 1790, a light short position can be tried near 1790; if it breaks below 1721, a follow-up short position can be entered after the break.

4. Key Operation Points

1. Position and Stop Loss: Single position not exceeding 20%, bullish strategy stop loss set below 1760 (exit below the watershed), bearish strategy stop loss set above 1820 (stop loss if stable above the watershed).

2. Profit Taking Logic: Relying on upper resistance levels and lower support levels, adopt a tiered profit-taking strategy (e.g., when bullish, reduce position by 50% when reaching 1830, and reduce another 30% when reaching 1856).

3. Period Discipline: Only use the closing prices of 1-2 hour candlesticks as the basis for judgment, avoiding cross-period operations.

Summary: Focus on the battle for long and short positions around 1790 at night, gradually taking profits based on resistance levels when moving upwards, and gradually defending based on support levels when moving downwards. Maintain a light position for trial and error, strictly adhere to stop-loss principles, and dynamically adjust strategies based on real-time volume and candlestick patterns.$ETH #以太坊走势