ETH Market Analysis: Do not chase short positions in the short term; wait for a rebound to create a second shorting opportunity.
ETH's current trend is relatively weak, but based on the structure and rhythm, the cost-effectiveness of directly chasing short positions in the short term is not high.
From the pattern perspective, it is more inclined to first induce a wave of upward movement before continuing the downward structure.
Short-term strategy: first go long, then go short.
Long position idea (anticipating a rebound): Entry range: 2830–2800 Target range: 2930–2960 Logic: The momentum after the decline is weakening + short-term indicators need repair, indicating a technical rebound demand. After reaching the target range, it is recommended to close long positions and reverse to short positions, avoiding fighting the trend.
In the short term, long positions aim for a wave rebound, without expecting a trend reversal. The overall direction still maintains a high-level short bias.
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ETH Market Analysis: Do not chase short positions in the short term; wait for a rebound to create a second shorting opportunity.
ETH's current trend is relatively weak, but based on the structure and rhythm, the cost-effectiveness of directly chasing short positions in the short term is not high.
From the pattern perspective, it is more inclined to first induce a wave of upward movement before continuing the downward structure.
Short-term strategy: first go long, then go short.
Long position idea (anticipating a rebound):
Entry range: 2830–2800
Target range: 2930–2960
Logic: The momentum after the decline is weakening + short-term indicators need repair, indicating a technical rebound demand. After reaching the target range, it is recommended to close long positions and reverse to short positions, avoiding fighting the trend.
In the short term, long positions aim for a wave rebound, without expecting a trend reversal. The overall direction still maintains a high-level short bias.