Core contradiction: 1835 determines the short-term bullish or bearish direction
Ethereum is currently undergoing a 4-hour level pullback, with 1835 as the dividing line between bullish and bearish; there are two possible scenarios:
1. Stabilize above 1835 → pullback ends, bullish outlook
- Confirmation signal: 4-hour closing price continuously breaks through 1835, trading volume moderately increases.
- Upward target:
- First resistance level: 1854 (short-term resistance + Fibonacci 38.2% retracement level)
- Second resistance level: 1872 (previous high + Bollinger band upper limit suppression)
- Third resistance level: 1903 (strong daily resistance + round number)
- Trading suggestion: Try going long lightly after the breakout, stop loss at 1825 (0.5% below), take profits sequentially.
2. Losing 1835 → continued adjustment, bearish outlook
- Confirmation signal: 4-hour closing price falls below 1815 (previous low), rebound does not exceed 1835.
- Downward target:
- First support level: 1815 (previous low + Fibonacci 61.8% retracement level)
- Second support level: 1792 (high transaction density area + Bollinger band lower limit)
- Third support level: 1762 (strong support at the daily level)
- Trading suggestion: Short lightly if it falls below 1815, stop loss at 1845 (0.5% above), take profits sequentially.
Risk warning
1. Position management: Single position ≤ 3%, avoid high leverage aggressive operations, especially be cautious during the low liquidity periods between 2-4 AM.
2. Linkage factors: Pay attention to the correlation with Bitcoin's movement; if Bitcoin falls below key support, Ethereum may follow; and vice versa.
3. Discipline execution: Strictly judge the effectiveness of the breakout based on the 4-hour closing price to avoid misjudgment due to short-term spikes; set the stop loss range to critical levels ±0.5%-1%.
Summary
- Bull-bear tipping point: 1835 (using the 4-hour closing price as the confirmation standard).
- Strategy core: Follow the trend after the breakout, observe before the breakout, prioritize risk control rather than predicting direction.$ETH #ETH走势分析