ETH Short-Term Trend Analysis:
After an accelerated decline, there is a game of support levels and high cost-performance long strategies. ETH has recently shown a short-term accelerated downward trend, with prices reaching a near one-month low area again. This position has a strong support effect — historical tests of this range have repeatedly triggered rebound trends, so the current touch can be seen as a potential layout window.
The first rebound small high point after the significant drop is located near 2525. Using this point as a baseline to draw the Fibonacci retracement line, the 1-hour level shows that the pullback lows are concentrated in the 2470-2450 range, which can serve as a reference for going long.
Further observation of stop-loss logic: the short-term low support is near 2438. It is recommended to use this position as a stop-loss boundary to game the rebound trend, with significant cost-performance advantages.
If the prediction is accurate, the price target can be seen at around 2580, aiming for a profit of over 100 points with a stop-loss space of 20-30 points, resulting in a risk-reward ratio that aligns with technical trading principles.
The essence of the market is a probability game, and when the risk-reward ratio is favorable, it has layout value.
It is essential to strictly execute the trading plan — most investors fail due to lack of discipline. Even if predictions are incorrect, it is necessary to summarize experiences and optimize strategies, as the risk of liquidation often arises from violating rules.
