The analysis at #ETH mentioned that stabilizing above 1800 within a 1/4 hour line has a high probability of testing previous highs. The actual trend did indeed spike upwards but did not reach above 1840, only touching the previous high at 1830 before falling sharply. The gains and risks of bottom fishing above 1800 are not proportional, and a cautious high short strategy is given with a 50-point space.
Currently, after a technical pullback in the market, it has stabilized above 1800. Looking at the hourly level, 1790 is the short-term dividing line for bulls and bears, having been tested multiple times recently without effective breakthrough, with strong support below around 1750.
For bulls, it is prudent to wait for a pullback to the 1750 to 1770 range, and after stabilizing on reduced volume, then chase long.
Aggressive traders can enter a short position above 1806 if there is a breakout on increased volume, targeting 1840 to 1860, but remember to set a stop loss.
For bears, it is advisable to short near the 1840 to 1850 resistance level, with a stop loss if there is a breakout above 1870.
Aggressive traders can take a light short position at 1830 initially, adding to the position on a rebound to 1840.
