Ethereum's Long-Short Strategy During Range-Bounding Trading: The 4165 Support Level Becomes a Key Line of Defense

I. Core Trading Signals: The Critical Point Between Breakout and Defense

• Long Strategy:

1. Breakout of $4252 with Strong Volume → Buy on the Right Side, Using a Dynamic Stop-Loss at "Reclaiming That Level" (Confirming the Breakout's Validity);

2. Retracement to $4157 and Support Validation → Trial Buy with a Small Position, Stop-Loss at $4107 (A Breakdown Will Negate Support);

3. Hourly Stability at $4279 → Trend Continuation Signal, Targets Seeking $4308 → $4347, Sequentially;

4. Ambush on the Left Side: Place a Long Order at $4071, Set a Stop-Loss at $4032 (Buy on Pullbacks, Caution Required).

• Short Strategy:

1. If the price breaks below $4215 with strong volume → Go short on the right side, maintaining a strict stop-loss order (to mitigate against pullback risk);

2. If the price encounters resistance above $4347 → Try shorting with a small position. A stop-loss order is required if the price breaks through and holds above $4370 (the critical resistance level for attack and defense).

II. Key Levels of Range-Bounding Odds: A Ladder of Resistance and Support

• Resistance Levels: $4279 (Confirmation Line) → $4308 (Short-Term Resistance) → $4347 (Upper Limit of the Range). Each breakthrough requires volume support.

• Support Levels: $4216 (Immediate Defense) → $4157 (Mid-Axis Support of the Range) → $4103 (Deep Pullback Buffer). The strength of support should be assessed based on the recovery after the pin-push.

III. 4-Hour Breakout Warning: $4165 is the "Waterfall" Switch

Ethereum is currently oscillating within the range marked in the chart. The key observation point is the $4165 support level:

• Multiple downward dips to $4165 without a break indicate that this support level is strong and represents a critical bottom line for the current volatile market.

• If the 4-hour chart breaks below $4164 (which is strongly correlated with $4165), a pullback opens up, with targets at $4074 → $4010, potentially triggering a "waterfall" trend. Gains and losses at this level are crucial for determining whether the market can continue to fluctuate.

Summary: Avoid aggressive moves within the range, and do not hesitate after a breakout.

Ethereum's current core conflict is "range-bounded fluctuations without a breakout and repeated testing of the 4165 support level." Trading strategies should be closely aligned: A breakout above resistance is a bullish signal; a break below support is a warning against a decline. $4165, as a "lifeline," requires close attention to its effectiveness. Remember: in a volatile market, patiently awaiting a breakout signal is more important than blindly guessing the direction.

Meeting adjourned.