The 1-hour K-line of Ethereum is currently in an interesting stage—high-level consolidation after a strong breakout. The price is oscillating above the key resistance zone, and in the short term, the bulls still hold the advantage.

How to play this wave of market? The core idea is simple: go long on dips, be cautious during sharp rises, and avoid blindly chasing short positions.

Specific operation: If you want to participate in shorting, wait until the price rebounds to around 3200-3220. When you see a stagnation candlestick, you can gradually enter short positions, aiming for a profit of 30 to 120 points. If it directly breaks the support at 3155, then follow the trend and short, with the same target of 30 to 120 points.

On the bullish side, if there is a clear exhaustion of momentum near the support at 3160-3170 during a sharp decline, you can take a small position to attempt a rebound, with the same target of 30 to 120 points. If you truly want to follow the trend long, you should wait until the price stabilizes above 3220 before considering, which reduces risk. The target remains 30 to 120 points.

Risk control standards: all orders set stop-loss at 30 points. For short positions, place the stop-loss 30 points above the entry price; for long positions, place it 30 points below the entry price.

(Disclaimer: The above is only a personal trading framework sharing and does not constitute investment advice.)