📍#ETH Technical Analysis (2025/08/03)
ETH short-term bears are coming, while mid to long-term bulls still hold their cards, the confrontation between bulls and bears is imminent!
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#ETH 【1H】
Trend: Minor Bearish. ETH is under pressure from EMA21 and EMA200 on the 1H chart, MACD has turned bearish and RSI is below 50, the downtrend continues. If 3400 is lost, further support may be tested.
🔻 Short Position Information
🛑 Stop Loss: 3520
🟢 Add Short: 3450 (already triggered)
🚨 Break Below to Add Short: 3400
🎯 Take Profit: 3360/3300
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Trend: Medium Bearish. The 4H has broken the middle band of the Bollinger Bands and repeatedly breached support, EMA200 is bending down and expanding distance, MACD death cross is increasing in volume, the downward targets are set at 3375 and 3245.
🔻 Short Position Information
🛑 Stop Loss: 3600
🟢 Add Short: 3500 (pending trigger)
🚨 Break Below to Add Short: 3350
🎯 Take Profit: 3250/3100
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#ETH 【1D】#ETH Minor Bullish. The daily chart remains above the 200-day moving average, the short moving average bending down is a healthy correction. As long as 3300 holds, the bulls may gather strength to counterattack at 3800.
🔹 Long Position Information
🛑 Stop Loss: 3100
🟢 Add Long: 3300 (already triggered)
🚀 Breakout to Add Long: 3800
🎯 Take Profit: 4000/4300
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【#ETH Strategy Summary】
Operation #ETH - Short-term (1H) bears are dominant, if 3400 is lost, continue to hold short positions for quick profits.
- Mid-term (4H) if 3350 breaks, the bears will aim for 3250 or even 3100.
- Long-term (1D) if 3300 support holds, consider gradually building long positions, add more after breaking 3800.
- It is recommended to diversify positions and control leverage, strictly adhere to stop losses, and avoid heavy positions against the trend.
