Morning Thoughts

Direction: Cautiously short (increase positions if it breaks below the support of 4506.51), if it rebounds to the resistance level of 4639, consider shorting. Entry Timing:

Short: Rebound to the range of 4610-4639 (where MA10 and R1 overlap) and observe for signs of stagnation (such as long upper shadows).

Long: If the price breaks above 4639 with volume and stabilizes above MA10, consider a small long position. Stop Loss Settings: Short stop loss at 4662 (above the 24H high); Long stop loss at 4506 (below the support level). Volatility reference ATR (49.66), stop loss range approximately 3%. Target Price: Short target at 4506 (support level, profit 2.5%), break down to look at 4452 (S2). Long target at 4716 (R2, profit 2.8%).

Tip: The current market is at a critical support level phase, strict stop losses are required, and watch for changes in volume! #ETH走势分析