$ETH Ethereum Surge Warning? Key Long and Short Points Exposed, Missing Out May Lead to Regrets for Half a Year! 🚀📈
🧠 1-Hour Chart Overview:
Current Price: Approximately $1,690
Market Sentiment: Extremely Bullish
Strong momentum, just completed a powerful breakout
🔥 Bullish Signals Blindingly Bright:
✅ Price broke through resistance, structure clean, continuously rising
✅ All indicators in the green:
MACD Strong Golden Cross
RSI Overbought but Stable
Stoch RSI Reached Maximum 100
💣 There are potential short liquidation points above, which could trigger a short-term surge
⚠️ Potential Risks Should Not Be Ignored:
RSI & Stoch RSI Seriously Overbought, could cool off technically at any time
If price is suppressed at $1,705–$1,717, a rapid pullback could occur
💰 High Win Rate Trading Strategy:
📌 Long Strategy (Trend Following)
Entry: Slight pullback in the $1,675–$1,680 range
Take Profit: TP1 $1,710 | TP2 $1,730
Stop Loss: Below $1,650
📌 Short Alternative (Pullback After Surge)
Entry: If strong bearish signals appear at $1,705–$1,717
Take Profit: TP1 $1,675 | TP2 $1,640
Stop Loss: Above $1,725
🎯 Conclusion: Current trend is strong, but chasing highs should be cautious; the best strategy is to wait for a pullback to enter or clearly follow up after a breakout. Short-term volatility is intense, seizing the rhythm is key!