$ETH 1-hour level shows a range of downward fluctuations, with prices continuously operating below the key area of 2950-2980. The short-term structure is bearish, currently testing the strength of the support below.
Core operational thought of Ether Saint:
Mainly short on rebounds, slight position for rebounds when it drops to the strong support area.
Specific combat plan:
Bearish direction
Short on rebounds: When prices rebound to the resistance area around 2950-2980 and show a stagnation candlestick, short in batches | Target: 30-120 points+
Chase shorts on breakdown: When prices break below the support around 2900, chase shorts in the direction of the trend | Target: 30-120 points+
Bullish direction
Grab rebounds on sharp drops: When prices sharply drop to the support area around 2900-2920 and show obvious exhaustion of momentum, lightly position for rebounds | Target: 30-120 points+
Chase longs on breakout: Only consider chasing longs in small positions when prices stabilize around 3020 | Target: 30-120 points+
Unified risk control stop loss of 30 points:
Stop loss for shorts placed 30 points above the entry price
Stop loss for longs placed 30 points below the entry price
(The above is a personal trading framework and not investment advice)
