1. Key positions and trend assessment
1776 is a short-term bull-bear dividing line, the 4-hour level trend revolves around this core:
- Stabilizing and bullish: If the price continues to close above 1776, it marks the end of the correction, and bulls will regain control of the market, opening up upward space.
- Pressured and bearish: If unable to stabilize at this position, the rebound is seen as a weak correction, and the market may continue the downward trend.
2. Specific point analysis
1. Upper resistance level:
- First resistance level 1805: Recent rebound high point, may test 1837 after breaking;
- Second resistance level 1837: Medium-term trend resistance, corresponding to the upper boundary of the previous consolidation range;
- Third resistance level 1866: Near historical highs, requires volume support for effective breakthrough.
2. Lower support levels:
- First support level 1745: Recent low point at the 4-hour level, short-term buying may intervene here;
- Second support level 1721: Lower boundary of the consolidation range, if broken, may drop to 1695;
- Third support level 1695-1666: Medium-term upward trendline support area, key defense level.
3. Operational strategy suggestions
1. Bullish strategy (stabilizing above 1776):
- Entry: Stabilizing after retracing to 1776-1785, can build positions in batches;
- Take profit: Sequentially look towards 1805, 1837, aggressive traders may hold positions to target 1866;
- Stop loss: Break below 1760 (to prevent false breakouts).
2. Bearish strategy (break below 1776):
- Entry: If rebounding to 1776-1780 faces resistance, lightly short;
- Target: Look down to 1745, 1721, if broken, can chase shorts to 1695;
- Stop loss: Break above 1800 (confirming a strong rebound).
3. Volatility response:
- If the price fluctuates in the 1745-1776 range, can sell high and buy low, with stop loss set at 1.5 times the range volatility.
4. Risk warning
- Position control: Single trade position not exceeding 5%, avoid heavy bets;
- News impact: Pay attention to ETH ecosystem dynamics (such as upgrade plans) and BTC linkage effects;
- Pattern confirmation: Use candlestick patterns (such as engulfing patterns, doji) to judge trend reversals, avoid entering too early.
Summary
Ethereum's short-term trend relies on the effectiveness of breaking 1776: If stabilized, a new round of upward movement begins; otherwise, the correction continues. Operations should closely monitor key position gains and losses, flexibly adjust positions, and prioritize layout near support/resistance levels to reduce intermediate point speculation.$ETH #以太坊走势 
