$ETH Ethereum bullish and bearish trend analysis in the morning (for reference only)

Major trend judgment

Currently, the 1-hour timeframe is generally oscillating and weak, primarily adopting a short-selling approach with caution when going long.

From the market perspective, after ETH surged to a high of 2419.24, it has formed a series of declining candlesticks, indicating that the short-term upward momentum has been completely exhausted and is entering a correction cycle; although there is support below, the rebound strength is weak, and bears temporarily dominate, making it unsuitable to chase longs. It’s better to wait for a rebound to short.

Short-term maximum rebound resistance: 2350-2360, strong resistance at 2380-2400 (near previous high, difficult to break in one go)

Short-term minimum decline support: 2290-2300, strong support at 2260-2270 (lower boundary of previous consolidation platform)

Short-selling strategy (priority operation)

Conservative short

Entry point: 2345-2355

Take profit: first target 2310, second target 2290

Stop loss: 2375 (near previous high, strict stop loss)

Aggressive short

Entry point: 2330-2335

Take profit: first target 2300, second target 2270

Stop loss: 2360 (to avoid being stopped out by minor rebounds)

Long strategy (buy low only, do not chase high)

Conservative long

Entry point: 2290-2300 (strong support area)

Take profit: first target 2330, second target 2350

Stop loss: 2270 (if broken, exit unconditionally)

Aggressive long

Entry point: 2310-2315 (after rebound stabilizes)

Take profit: first target 2340, second target 2360

Stop loss: 2290 (if support is broken, exit promptly)

Currently, the market is in a correction phase after an upward move, with intense bulls and bears competition. Prioritize short-selling, and only take small positions to buy low for rebounds—absolutely avoid chasing highs. All operations should strictly follow take profit and stop loss rules to prevent being caught in a one-sided trend.

Special reminder: Please rely on real-time market data for specific operations. This content is for reference only and does not constitute any investment advice. For more market information, please visit the homepage for detailed consultation with the author. $BTC $RAVE #加密市场回升