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ETH
Currently, ETH is still in a 4-hour upward channel, but fundamentally it is a bear market rebound. The main intraday strategy: short on rallies, no averaging down, no holding through losses, divided into 3 scenarios.
【Regular rally】
Light short positions in the 2230-2250 range (channel upper boundary + previous high resistance), with a stop loss above 2270; take profit at 2180-2200.
【Pullback then rebound scenario】
If the price first pulls back to 2130-2150 (mid-channel support), do not chase the short or bottom fish. Wait for the rebound to 2200-2220 before attempting a short, with the same stop loss and targets.
【Sudden breakout scenario】
If the price directly breaks through 2300 and stabilizes, indicating a stronger-than-expected rebound, wait for the 2350-2400 strong resistance zone to re-enter positions. #Gate上线Pre-IPOs #eth