【ETH 4700-4750 Trading Strategy | Cautious Speculation at Key Levels】
Currently, ETH is in the key range of 4700-4750, with intense long and short speculation. Considering the technical aspects and capital flow, it is recommended to observe first. If trading, execute according to the following strategies:
🔥 Core Layout: 1️⃣ Buy on Dips (Preferred) • Entry: Gradually build positions in the 4560-4630 range • Stop Loss: Below 4480 • Target: 4800→4850→5000 (Institutions have dense orders around 4600, making a dip for absorption likely)
2️⃣ Breakout Buy (Need Confirmation) • Conditions: Hourly chart closes above 4780 with increased volume • Buy position: 4780-4800 • Stop Loss: Below 4700 • Target: 4880→5000
🚫 Prohibited Actions: • Do not short near the current price of 4750 (resistance not confirmed and prone to spikes) • Do not chase up (current volume is insufficient to support a valid breakout)
⚠️ Key Reminder: • Powell's speech tonight may trigger violent fluctuations, it is advised to maintain light positions/shorts before the data release • If the support at 4560 is breached, shift to short-term bearish and avoid long positions • Position control ≤ 10% (Heavy positions are strictly prohibited in high-volatility markets)
(Strategy based on August 23rd 19:00 data, please adjust according to real-time market conditions)
