Ethereum is about to experience a huge fluctuation! Beware of the many traps in short-term operations and be alert for major volatility!
Yesterday, we successfully captured the opportunity of ETH's plunge, and the shorts made a big profit. Today, the market is warming up, and the 4-hour trend has turned bullish, but don't be too optimistic. A buy signal has appeared on the 1-hour chart, but the 30-minute chart still needs to break through for confirmation, and the 15-minute chart hides the risk of a pullback.
Main Strategy: Operate with the trend and avoid catching falling knives.
Long Opportunity: If ETH breaks through 1832.98 and the 15-minute trading volume exceeds 29.29K, target 1859.60 to 1874.59, with a stop loss at 1816, anticipating a primary upward wave.
Short Opportunity: If it falls below 1807.27 and the MFI is below 50, target 1797.79 to 1780.02, with a stop loss at 1819, risk is controllable.
Secondary Strategy: ETH's fluctuation range is 1807~1832, can sell high and buy low, combining RSI overbought and oversold signals, with significant short-term arbitrage potential.
Remember: Chart analysis is the key to trading success, stop loss and take profit are just basics, and operations need to be precise!