I. Key position reminders
- Support levels:
- Core support: 1830 (bottom of the 4-hour consolidation area) - if not broken, maintain the upward rhythm.
- Secondary support: 1800→1762→1730 (targets progressively down after breaking).
- Pressure levels:
- Short-term pressure: 1872 (upper range of consolidation), if broken, look towards 1903→1928 (advanced resistance levels).
II. Operational strategies for different scenarios
1. Pullback not breaking 1830: Bullish outlook
- Signal: Price falls to near 1830 and rebounds, not effectively breaking (e.g., 30-minute close above).
- Operation:
- Long position opportunity: Light positions in the 1830-1840 range, set stop-loss below 1820, first target at 1872, and move up to 1903 after a breakout.
- Logic: Bullish support is solid, the consolidation structure is intact, and the market is likely to continue oscillating upward.
2. Break below 1830: Bearish outlook
- Signal: Price breaks below 1830 and rebounds are blocked below this level.
- Operation:
- Short position opportunity: Light positions in the 1825-1830 range, set stop-loss above 1840, target down to 1800, and extend to 1762 after breaking.
- Logic: 4-hour level breakout, market turns to pullback, need to guard against further bearish pressure.
III. Risk considerations
1. Position management: Keep single trade positions within 20%, avoid heavy bets.
2. Stop-loss discipline: Exit decisively if long positions break 1820 or short positions break 1840 to avoid further losses.
3. Correlation effect: The trend of Ethereum is strongly correlated with Bitcoin (BTC), so pay attention to the support level of Bitcoin at 96300.
4. Period characteristics: Volatility may increase after 21:30 due to the influence of US stock market opening; monitor closely or place orders in advance.
IV. Summary
- Core points: 1830 is the dividing line for bulls and bears; if it holds, the upward trend continues; if broken, a 4-hour level pullback begins.
- Strategy priority:
- Bullish: Take advantage of the support at 1830 for low buying, betting on breaking the pressure level at 1872.
- Bearish: Only participate in short positions after effective breakouts, take profits in batches at lower support levels.
- Operation advice: Cautious traders may wait for a breakout at 1872 or follow the trend after breaking below 1830, avoiding frequent trades within the range.$ETH #ETH走势分析