ETH 04-09 Intraday Strategy

ETH Current ETH is still in a 4-hour rising channel, but fundamentally it’s a bear-market rally. Intraday main strategy: short at higher prices, in 3 scenarios. 【Normal spike up】 In the 2230-2250 range (upper band of the channel + resistance from the prior high), try a small short position; stop loss above 2270; take profit at 2180-2200. 【Pullback then rebound scenario】 If price first pulls back to 2130-2150 (channel midline support), don’t chase the short and don’t buy the dip. Wait for a rebound to 2200-2220, then try the short. Stop loss and targets remain unchanged. 【Sudden breakout scenario】 If price directly breaks above 2300 and holds, that indicates the rally is beyond expectations. Wait for strong resistance between 2350-2400 to set up.