Wishing everyone a happy May Day holiday, remember to balance work and rest! The market yesterday was profitable, today’s trading strategy is as follows:
1. Key points for 1-4 hours
- 1-hour level: Focus on the support level of 1822. If it stabilizes after a pullback, it is expected to initiate a volatile upward trend.
- 4-hour level: 1808 is an important support. If stabilized, it will attack 1822; if this point is lost, beware of a pullback turning to bearish risk.
Key points for long and short positions
- Support level
- Short-term: 1810-1800 range (consider entering if 1815 stabilizes)
- Rebound: 1755-1765 range (consider planning in advance if 1775 stabilizes)
- Strong rebound: Focus on 1700-1720
- Spike rebound: 1650-1640, 1595-1605
- Resistance level
- Short-term: 1865-1875 (must have stop loss, can give up if not reached), 1890-1885 (if not stabilized, can try short with a small position)
- Pullback: 1915-1925, 1945-1955 (if 1908 is not stabilized, can intervene in advance)
- Important resistance: 1965-1975, 2060-2070
Reference for daily level
- Key support levels 1830-1835, 1790-1800. If the daily close is above 1830, maintain a bullish trend; if it breaks below, beware of intraday pullback risks.
- Resistance range is 1870-1880, 1905-1915
Trading Tips
Please strictly follow the above strategy. If there are no suitable entry opportunities or insufficient confidence, it is recommended to remain on the sidelines. For in-depth learning of trading skills, you can follow the account introduction for more information.$ETH