Ethereum Short-Term Trading Strategy: Anchor at 3200 Level, Seize Opportunities for Rebounds and Pullbacks

Market Analysis

Ethereum is currently exhibiting a weak downward trend, with limited short-term rebound momentum. The core focus of the bullish and bearish struggle is on the breakthrough situation of the one-hour key level. The subsequent trend needs to rely heavily on the judgment of gains and losses at the 3200 integer level. Nighttime fluctuations may further intensify, and caution is needed for pin bar market risks.

Key Levels

Resistance Level: Key boundary 3200, first rebound target 3250-3300

Support Level: Strong support below 3100-3070

Trading Strategy

Bullish Strategy

1. Wait for a valid breakthrough and stabilization above the 3200 level during the one-hour closing, confirm short-term rebound signals, then cautiously enter long positions, setting stop-loss below 3170 to guard against false breakout pullback risks.

2. The first target for the rebound looks towards the 3250-3300 resistance range. After reaching this level, partial positions can be reduced for profit-taking; if it can continue to break through this resistance range, consider increasing positions to capitalize on a second upward push, with the remaining position defended by 3230 to lock in profits.

Bearish Strategy

1. If the one-hour closing at night fails to stabilize above 3200 and rebound momentum diminishes, the bears are likely to regain control of the trend. One can choose to cautiously layout short positions, setting stop-loss above 3230 to avoid being trapped by the market's reverse breakout.

2. Pay attention to the 3100-3070 support zone below. After reaching the target, gradually take profits and exit; if the support level is effectively broken, consider slightly increasing short positions, and further downside potential should be adjusted in conjunction with real-time volume. $ETH