7.23 Ethereum Entry Strategy Ideas Reference #以太坊突破3700
1. Long Strategy (Focus on Buying on Dips)
1. Afternoon Session (14:30-16:30)
- Entry Condition: If the price retreats to the range of 3650-3630 (close to the upper support of the previous low at 3617), combined with the favorable inflow of ETF funds, gradually build long positions with light exposure.
- Rationale: After the morning high, there is a technical pullback, and the massive inflow of funds creates a bottoming effect on medium to long-term prices.
2. Evening Session (20:00-23:00)
- Entry Condition: If the price stabilizes above 3700 and a large bullish candle appears on the hourly chart, one can follow the trend to add long positions.
- Rationale: The overlap of European and American trading sessions with traditional financial institutions' attention to stablecoin technology may drive a secondary rally.
2. Short Strategy (Focus on Resistance Pullbacks)
1. Evening Session (18:00-20:00)
- Entry Condition: If the price pulls back to the range of 3740-3760 (near the previous high of 3764), combined with the short-term overdraft potential of the ETF, lightly test the short position.
- Rationale: After the historical third-highest net inflow, some profit-taking may occur, and there is technical resistance at the previous high.
2. Night Defense (After 22:00)
- Entry Condition: If the price does not break through 3764 and the hourly chart continues to close with bearish candles, one can add to the short position near 3720.
- Rationale: Uncertainty in stablecoin regulation policies may suppress short-term speculative sentiment.
3. Key News Guidance
- Positive Drivers:
Inflow of ETF funds shows strong institutional willingness to increase holdings, if new institutional entry news is announced during the session, it could strengthen the bullish trend.
- Potential Risks:
Attention should be paid to the mentioned cross-border payment regulation dynamics; if policies tighten, it may trigger selling pressure.
