ETH Midday Strategy: Breakout Trading Guide Under Box Oscillation
I. Key Levels and Right-Side Trading Signals
🔹 Long Strategy
• Breakout Long: Volume breakout at $2409 and an hourly close above → Right-side long, stop loss if it falls below $2409;
• Support Level Test Long: Confirm support at $2315 on a pullback → Light long position, stop loss if it falls below $2280;
• Left-Side Ambush: Layout long position at $2230, mandatory stop loss if it falls below $2200.
🔹 Short Strategy
• Breakout Short: Volume breakout below $2389 → Right-side short, stop loss at $2389;
• Resistance Level Short: Rebound to $2430 → Light short position, stop loss if it breaks above $2465.
II. Multi-Cycle Key Level Analysis
🔹 Hourly Level
• Resistance Range: $2430 → $2464 → $2491 (Strong resistance at $2432, if broken look for $2487-$2510);
• Support Range: $2362 → $2317 → $2250 (Key long test point at $2315).
🔹 4-Hour Level
• Key Support at $2358, if it falls below look for $2314 → $2288;
• Core Logic: As long as $2314 is not lost, ETH remains in box oscillation, bullish trend unchanged.
🔹 Box Oscillation Observation
Currently, ETH has not broken the lower boundary of the box ($2314-$2358). If it can hold:
• Box Unbroken: Maintain high sell low buy, go long at support, short at resistance;
• Upper Boundary Breakout: After breaking $2432 may start a main rise, need to decisively go long.
III. Operational Reminders
1. Volume Verification First: Breakout at $2409 needs to be accompanied by increased volume, otherwise it may be a false breakout;
2. Resistance Level at $2432: This point is the dividing line for bullish and bearish at the hourly level, difficult to break, do not blindly chase high before it breaks;
3. 4-Hour Support Defense: After breaking $2358, if $2314 is lost then need to completely turn bearish;
4. Left-Side Order Discipline: Long position at $2230 must strictly set stop loss to avoid amplifying losses when breaking the box.
Note: The market is at a key node of box oscillation, it is recommended to closely monitor the breakout situation at $2432 and support defense at $2314, set stop losses properly and do not hold losing positions!