ETH four-hour candlestick chart analysis and unwinding strategy: Find counterattack opportunities in the trough
"The market will not stop fluctuating because of your fear, nor will it stop callback because of your greed."
Dear coin friends, today's ETH trend can be described as twists and turns, and the current price is hovering around 2550.16. From the candlestick chart, it can be seen that ETH has experienced violent fluctuations recently: on May 19, a big negative line fell from 2576 to 2312.62, and then the market experienced strange fluctuations, forming regular fluctuations in the 2550-2576 range (the daily opening price and closing price from May 20 to 27 are exactly the same). This "ECG-like" trend suggests that there is abnormal liquidity or knock-on trading in the market, and it is necessary to be vigilant against signs of manipulation.
Solution to get out of the trap
Trapped above 2600
① Heavy positions rebound to 2550-2570 area and reduce positions by 50% to save lives
② Set a stop loss of 2500 for medium positions to avoid falling into the "boiling frog in warm water"
③ Light positions can be replenished but be wary of [false support]
Trapped in the 2400-2500 range
① This area has formed the "policy bottom" feature (multiple bottoming out without breaking)
② You can try to place orders below 2500 to ambush the "golden pit" opportunity
Note to short positions
① It is not advisable to blindly buy the bottom in the current abnormal volatile market
② Focus on observing whether there are [volume-price divergence] or [pin-break] signals
Risk warning
Recently, we need to be vigilant about two extreme situations:
Liquidity trap: Prices continue to fluctuate in the range of 2550±5, inducing retail investors to trade frequently
Pin-break risk: Be wary of sudden plunges to the 2300-2400 area to create panic
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