One, medium and short-term trend assessment
Focus on key points at 1803 and 1793 at the 1-4 hour level:
- Upside conditions: If the pullback does not break 1793 or 1803, and effectively rebounds and stabilizes, a bullish trend can be anticipated;
- Downside risk: Once the 1793 support level is breached, be cautious of short-term bearish trends triggered by 1-4 hour level pullbacks.
Two, long position operation strategy
1. Short long entry
- Aggressive levels: After stabilization in the 1740-1750 range, light positions with stop-loss can be operated;
- Conservative levels: Focus on the 1725-1720 area. If the pullback does not show an entity breakdown, similarly, a short-long layout can be attempted.
2. Subsequent support levels: Pay close attention to the 1685-1695 and 1630, 1600 whole number levels for long opportunities.
Three, short position operation strategy
1. Short position entry
- Key resistance: The 1850-1860 range can be leveraged for short-term short opportunities;
- Ultra-short opportunities: There is a 15-minute level resistance near 1812. If the rebound cannot effectively stabilize, consider attempting ultra-short positions (high risk, recommended to operate cautiously).
2. Subsequent resistance levels: Focus on the 1880-1885 (to be confirmed for effective breakthrough), 1905-1915, and 1972-1980 areas for short opportunities.
Four, daily level key references
- Support levels: 1750-1755, 1715-1720. If the daily closing holds above these positions, maintain a bullish pattern;
- Pressure levels: 1842-1852, 1880-1885. If the support is broken or pressure is maintained at the resistance level, be cautious of intraday pullback risks.
Trading advice: Strictly follow the strategy. If there is no suitable entry timing or confidence is insufficient, it is recommended to remain on the sidelines. For systematic learning of technical analysis, please refer to the account information for learning resources.$ETH