Based on the current ETH technical analysis data, we provide you with contract trading strategies:
📊 Current Market Conditions
ETH current price: $4284.88, down 0.75% in the last 24 hours, in a consolidation phase
🔻 Bearish Strategy (Recommended)
Entry Point: Short when rebounding at $4300-4320
Stop Loss: $4355 (breakout of the hourly high)
Target: $4250, $4200
Leverage: 3-5 times
📈 Technical Basis
Super Trend indicator shows a bearish signal
RSI around 41, indicating weakness
Price has broken below the EMA20 support
Increased volume confirms the downward trend
⚠️ Risk Management
Strictly execute stop loss, single trade risk controlled at 2-3%
Pay attention to the key support level at $4266; a break below will accelerate the decline
🎯 Operational Advice
Focus on shorting in the short term, wait for a rebound to near resistance levels to build positions, targeting the $4200 area
