$ETH The 1-hour level shows a strong breakout upwards, with the price breaking through the previous consolidation range with increased volume, indicating strong bullish momentum in the short term.
Core trading idea for Ethereum:
Mainly long on pullbacks, with light short positions possible when rebounding to strong resistance areas.
Specific trading plan:
Bearish direction
Short on rebound: When the price rebounds to around 3380 resistance area and shows signs of stagnation with K-lines, short in batches | Target: 30-120 points+
Pursue short on breakdown: When the price breaks below around 3270 support, short in line with the trend | Target: 30-120 points+
Bullish direction
Long on pullback: When the price pulls back to around 3280 support area and shows obvious signs of momentum exhaustion, long in batches | Target: 30-120 points+
Pursue long on breakout: When the price stabilizes above around 3400 resistance, long in line with the trend | Target: 30-120 points+
Unified risk control stop loss of 30 points:
Stop loss for short positions placed 30 points above the entry price.
Stop loss for long positions placed 30 points below the entry price.
(The above is a personal trading framework, not investment advice) $ETH {currencycard:futures}(ETH_USDT)
