$ETHFI #ETHFI Put the intraday conclusion first: hold 0.7241 first, and only then is there a condition to continue testing 0.7591. Current price: 0.6956. 1 hour: +0.49%, 24 hours: -6.82%.
Judging from cycle alignment: 24 hours is -6.82%, while the 1-hour has returned to +0.49%. The short-term is repairing, but the bigger timeframe has not fully turned stronger yet. At this stage, treat it as a rebound first. Only after price regains the key overhead resistance and completes an effective retest can we upgrade the call to a trend reversal.
For key levels: 0.7241 is the current structural pivot/axis and the first standard for judging whether the pullback is healthy. As long as price can stabilize above it, the bulls still retain initiative. The upside target is 0.7591. If price falls back below the pivot, shift focus to the second support/acceptance at 0.6891.
My scenario planning isn’t betting on a single direction. A breakout above 0.7591 that can hold indicates the upside space has been reopened. A breakdown below 0.6891 with no successful rebound suggests the structure is weakening further. If it trades between the two, continue to observe the closes on both sides of 0.7241.
For those who already have positions: the key is to manage based on whether support fails—not to get carried along by every fluctuation. For those on the sidelines: prioritize waiting for a breakout + retest or support confirmation. Spot positions can be built in batches; for derivatives, shorten the decision chain—first determine your stop-loss level, then decide whether to participate.
Simplifying the conclusion doesn’t mean simplifying risk control. When executing, you still need to wait for price confirmation and leave room to exit if the thesis fails. If the next 1-hour candle closes above 0.7241, the structure will be more proactive; if it closes below, stay cautious. Which path are you leaning toward right now?
#BuffettStepsDownAsBerkshireChairman
Judging from cycle alignment: 24 hours is -6.82%, while the 1-hour has returned to +0.49%. The short-term is repairing, but the bigger timeframe has not fully turned stronger yet. At this stage, treat it as a rebound first. Only after price regains the key overhead resistance and completes an effective retest can we upgrade the call to a trend reversal.
For key levels: 0.7241 is the current structural pivot/axis and the first standard for judging whether the pullback is healthy. As long as price can stabilize above it, the bulls still retain initiative. The upside target is 0.7591. If price falls back below the pivot, shift focus to the second support/acceptance at 0.6891.
My scenario planning isn’t betting on a single direction. A breakout above 0.7591 that can hold indicates the upside space has been reopened. A breakdown below 0.6891 with no successful rebound suggests the structure is weakening further. If it trades between the two, continue to observe the closes on both sides of 0.7241.
For those who already have positions: the key is to manage based on whether support fails—not to get carried along by every fluctuation. For those on the sidelines: prioritize waiting for a breakout + retest or support confirmation. Spot positions can be built in batches; for derivatives, shorten the decision chain—first determine your stop-loss level, then decide whether to participate.
Simplifying the conclusion doesn’t mean simplifying risk control. When executing, you still need to wait for price confirmation and leave room to exit if the thesis fails. If the next 1-hour candle closes above 0.7241, the structure will be more proactive; if it closes below, stay cautious. Which path are you leaning toward right now?
#BuffettStepsDownAsBerkshireChairman
