#ETH Ethereum can be both long and short today, it just depends on whether you can resist the urge to act prematurely!
Many people are going to get washed out today.
Ethereum is currently fluctuating around 3680.
You might think the market lacks direction, but the direction is already written in the chart.
Where is the key point?
In short:
Whether ETH can rebound today depends entirely on whether it respects 3720.
How do we understand this position?
If it doesn't manage to rebound above 3720 in one hour?
Then the market is just pretending to rebound while actually building up power to drop,
Three positions to watch below:
3655 / 3612 / 3570
If you ask me where to act, I can only say: not every support can be traded; it depends on the details.
But what if it stabilizes above 3720?
Then the rhythm of this rebound changes,
I will start looking for short opportunities at higher structural points, in order of:
3755 / 3800 / 3844
But many people will preemptively short here and get caught off guard,
Where the real short point is, I won't write it out, but I will say one thing:
"The one-hour closing pattern determines everything; don’t get caught up in the one-minute candles and self-indulge."
Today's market reminds you of one thing:
Both long and short are not the focus.
The focus is: do you have a plan, do you have a rhythm, do you have execution power?
Many people chase after rises and cut losses during falls,
I don't chase highs or lows; I only trade structures where the direction is clear and the rhythm is reasonable.
For today’s market, I am already prepared with both long and short logic, but I won't act prematurely.
Not understanding the market is not scary; being wrong is what truly makes people doubt their lives.
