$ETH Weekend Life-and-Death Game! 4700–4800 Range to Break, Rush to 5000 or Explore 4500? Here Comes the Trading Strategy
ETH has been consolidating in the 4700–4800 range these two days, like an arrow drawn back, ready to explode at any moment. Focus on these two boundary lines during the weekend market.
Trading Approach: Watch for signals, enter in portions, and strictly set stop losses.
1. Bullish Strategy
Entry Point: After breaking and stabilizing above 4800, build positions in batches (suggest starting with 1/3 of the position).
Stop Loss Line: Below 4740, Take Profit Level: First target at 4950, if broken then look at 5000–5050.
Bearish Strategy: Entry Point: If it breaks below 4700 and closes below for two consecutive candles, consider a light short position.
Stop Loss Line: Above 4780, Take Profit Level: First target at 4600, if lost then look at 4500.
Risk Control Rule: A single position should not exceed 20% of total capital.
Strictly execute stop losses; better to miss out than to stubbornly hold on.
Divide funds into three parts: one part for spot trading, one part for contract testing, and one part as flexible capital for confirming signals.
Conclusion: Breaking above 4800 → Bulls charge towards 5000; breaking below 4700 → Bears counterattack straight to 4500.
Patiently wait, do not bet on direction; that is the foundation for long-term survival in the crypto world.
Walking is lonely; every time greed and unwillingness to lose arise, losses only grow larger.
Choice is greater than effort; if the direction is wrong, effort is wasted. Choose the right people, do the right things, and earn more than you expect!!!
