ETH is bullish on the 4-hour level, but short-term overbought, with a pullback on the 30-minute level. KDJ is oversold, which may lead to a short adjustment before continuing up, or a direct pullback. In terms of operations, holders can reduce some positions and wait for stability after the pullback; those without positions can wait for a rebound on the 30-minute chart to assess resistance, or wait for the 4-hour pullback to key moving averages (such as MA10, around 4140) before considering going long, with stop-loss set below recent lows.
• Operational Thoughts:
◦ For holders: can reduce positions on highs (such as a rebound to around 4300), locking in some profits, while the remaining position can use the 4-hour MA10 (4140) as a stop-loss reference.
◦ For those without positions:
◦ In the short term, observe the rebound strength after the 30-minute KDJ oversold recovery. If the rebound faces resistance (such as the 4300 resistance level), consider attempting a light short position;
◦ In the medium term, if the pullback reaches key support on the 4-hour chart (such as MA10=4140, EMA20=4018), consider gradually positioning long orders, betting on trend continuation. $ETH