Will the current $ETH experience a V-shaped reversal, then lure shorts and trigger another sell-off? Or will there be a second bottom? #ETH
🗡️
● First resistance: 1875 - 1885
● Strong resistance: 1915 - 1930
🛡️
● First support: 1845 - 1850
● Strong support: 1820 - 1822
🐻 Short strategy 1️⃣ On the 15-minute timeframe, the upper wick resistance is right overhead. The main force has just finished dumping the order book, so it likely won’t rebound back quickly.
● Entry point: On the rebound to the 1872 - 1878 range. Don’t rush to short at the current price—give it some room to lure longs.
● Stop loss: Place it above 1886 (the recent high).
● Take profit: 1855 - 1842.
🐂 Long strategy 2️⃣ In the large box range of 1820-1880.
● Entry point: Only when price retraces to 1845 - 1848 and does not break below it, try entering long with a light position.
● Stop loss: If it breaks below 1838, cut decisively.
● Take profit: If you see 1865 - 1870, exit—don’t be greedy.

🗡️
● First resistance: 1875 - 1885
● Strong resistance: 1915 - 1930
🛡️
● First support: 1845 - 1850
● Strong support: 1820 - 1822
🐻 Short strategy 1️⃣ On the 15-minute timeframe, the upper wick resistance is right overhead. The main force has just finished dumping the order book, so it likely won’t rebound back quickly.
● Entry point: On the rebound to the 1872 - 1878 range. Don’t rush to short at the current price—give it some room to lure longs.
● Stop loss: Place it above 1886 (the recent high).
● Take profit: 1855 - 1842.
🐂 Long strategy 2️⃣ In the large box range of 1820-1880.
● Entry point: Only when price retraces to 1845 - 1848 and does not break below it, try entering long with a light position.
● Stop loss: If it breaks below 1838, cut decisively.
● Take profit: If you see 1865 - 1870, exit—don’t be greedy.