$ETH ETH/USDT Long Bottom Picking Strategy
Ethereum has fallen to the key support zone of 4199 (weekly EMA50 + Fibonacci 50% retracement level resonance), technical indicators show:
· 4H level RSI (34) has entered the oversold zone
· On-chain data shows large addresses are continuously increasing their holdings
· Derivatives funding rates have returned to neutral
Action Plan:
✅ Build positions in batches around 4199 (60% main position)
✅ Additional position at 4150 (daily Bollinger lower band)
⛔ Strict stop loss at 4120 (break below previous low structure)
🎯 First target at 4280 (breakthrough neck line)
🎯 Second target at 4350 (1.618 extension level)
Key Validation:
▷ 15-minute candlestick must close above 4220 to confirm stabilization
▷ Pay attention to capital flow after US stock market opens
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