1. Support Level Analysis

- Core Support: 1860 is the dividing line between long and short. If it stabilizes after a pullback (such as closing with a lower shadow), the bullish trend is likely to continue; if it breaks (with two consecutive candles closing below), a small pullback will begin, with subsequent support at 1830 (short-term support), 1807 (swing support), and 1785 (medium to long-term trend support).

2. Resistance Level Analysis

- Primary Resistance: 1915 is the recent high. A breakout needs volume support (trading volume increased by more than 20%). After a successful breakout, resistance moves up to 1957, 2003, 2037; if resistance is encountered and falls back, it may trigger a small-scale pullback.

II. Trading Strategy

1. Bullish Scenario (support holds)

- Signal: Price rebounds around 1860, breaks through 1880 with increased volume.

- Operation:

- Aggressive traders can take light long positions at 1860-1870, stop loss at 1850, target 1915, and look up to 1957 after a breakout;

- Conservatives wait for a breakout above 1915 and follow up after a pullback to 1900-1910, targeting 2037, with profit-taking in batches.

2. Bearish Scenario (support breaks)

- Signal: Break below 1860 and rebound does not surpass this level, with increased volume.

- Operation:

- Long stop loss around 1850;

- Light short positions at 1860-1865 during the rebound, stop loss at 1875, target 1830, and look down to 1807-1785 if it breaks.

III. Risk Warning

1. Position Control: No single position should exceed 10%, avoid full positions, and guard against extreme volatility.

2. Take Profit and Stop Loss: Strictly set according to key levels (e.g. 3% below support, 2% above resistance) and reduce positions in batches upon reaching target levels.

3. Market Linkage: Pay attention to the capital flow and BTC trend during the US market session (20:00-22:00). If the linkage breaks, be cautious of increased volatility.

Summary

Today, Ethereum centers around 1860, presenting a pattern of 'stay above and go up, break below and go down':

- Bullish Opportunity: Relying on 1860 for low buying, breaking through 1915 looks higher;

- Short Risk: If it breaks below 1860, a stop loss is necessary, with subsequent support being tested.

Operations must closely follow key levels, respond flexibly to the shift between long and short, avoid chasing highs and cutting losses, and strictly control risks.$ETH #ETH走势分析