$ETH Long Position Strategy (Main Direction)
Opening Logic:
Ethereum has risen strongly today. As long as it does not fall below 2531, the market is in a bullish trend, and one can consider entering long on a pullback.
Opening Position:
Place long orders in the 2540–2535 range on a pullback.
If there is a direct strong breakout at 2605, wait for a pullback to the 2590–2580 range to enter.
Stop Loss Position:
For long on pullback: Stop loss below 2525.
For breakout pullback long: Stop loss below 2565.
Take Profit in Batches:
First Target: 2605
Second Target: 2660
Third Target: 2719
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ETH Short Position Strategy (Alternative)
Opening Logic:
If ETH breaks below 2531 and fails to break the pullback, indicating short-term weakness, then consider trying a light short position.
Opening Position:
After breaking below 2531, place short orders in the 2525–2530 range on a pullback.
Stop Loss Position:
If it re-establishes above 2536, stop loss.
Take Profit in Batches:
First Target: 2485
Second Target: 2428
Third Target: 2381
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Notes:
The current market is strong; it is recommended to only go long and not short; shorts are only an alternative plan;
Please be sure to set stop losses to prevent black swan events;
If uncertain about the market direction, one can first try with a light position and add in batches;