Volatility spikes and order-flow sending often happen at the same time. This time, the four-hour level pullback action ($ETH ) — I watched the order book for a long time and it feels more like building up power for the next move. Don’t get confused by the short-term up-and-down needle-like wicks; let’s zoom out and look over a longer cycle. The overall structure is actually moving quite orderly.

My reasoning is simple: the price repeatedly confirms support in this area, and each subsequent dip has less force. That suggests the selling pressure is gradually getting exhausted.

It’s like compressing a spring more tightly—when it rebounds, it will have more force. The market sentiment hasn’t fully recovered yet, but the chart is already showing some positive signals. Of course, risk control comes first. In any trade, always leave yourself an exit.

For me, the risk-reward at this spot is still fairly reasonable, and it’s worth watching for the subsequent breakout confirmation.

🟢 Trade direction: Long
📍 Entry range: 2451.29 – 2456.19
🛑 Stop loss: 2398.99
🎯 Take profit 1: 2494.80
🎯 Take profit 2: 2522.18
🎯 Take profit 3: 2563.24

In still waters, deep wisdom lies hidden.
As the market rises and falls, remain calm and composed.
Together with Sister Fei, read the currents of wealth surging.

#ETH

Click below to trade 👇