🚨 2843 first position reached, note that it is only suitable for short-term rebounds, the medium-term long position layout still starts at 2772.

$ETH The current 4-hour trend of Ethereum is rebounding, and it is transitioning to a sideways fluctuation over the weekend, waiting for a direction choice. The probability of breaking through and falling below the fluctuation range is fifty-fifty; we do not guess the direction here, as guessing the direction is just speculation. What we need to do correctly is to know where to short on a breakout and where to go long on a breakdown. The thoughts are as follows:
✅ The points are approximate positions, not absolute positions!
✅ Intraday short-term:
High sell and low buy in sideways fluctuations are not recommended due to the small space. (2983-3073), tight stop loss.
✅ Short position on breakout of the fluctuation range:
Around 3272 (short), around 3370 (short), stop loss of 30 points is sufficient. After floating profit, dynamically adjust the stop loss, and the target profit should be found at the support below.
✅ Long position on breakdown of the fluctuation range (applicable to spot):
Around 2843 (short-term long)
Around 2772 (medium-term long position)
Around 2703 (medium-term long position first top-up)
Around 2650 (medium-term long position lottery spike top-up)
After finishing the position, set the stop loss according to the last average price with a stop loss of 50-70 points.