$ETH #ETH Conduct a structural review. Current price 2,718.84, 1 hour -0.49%, 24 hours +5.42%, and the intraday range over the past 24 hours is about 6.0%.
From the cycle alignment perspective, the 24-hour trend is still +5.42%, while the 1-hour move has eased to -0.49%, which looks more like a cooldown within an upward structure. If the pullback does not break key support, it is normal rotation; if support is lost and the rebound is weak, short-term control will shift from bulls to bears.
Key review levels: 2,667.8 determines short-term control, 2,749.98 is used to confirm upside room, and 2,585.61 is used to observe downside defense. Going forward, there is no need to guess every step; just check whether the original判断 still holds when price reaches these levels.
If the move matches expectations, manage profits in stages and continue to raise protection; if it does not match expectations, acknowledge the change in conditions in time. Professional trading is not about always being right, but about maintaining consistent execution after the information changes.
For those already holding positions, the focus is on managing based on whether support fails, rather than being carried away by every fluctuation; for those with no position, priority should be given to waiting for a breakout retest or support confirmation. Spot positions can be scaled in, while futures should shorten the decision chain: first determine the stop-loss level, then decide whether to participate.
I will next focus on tracking whether 2,667.8 holds or breaks. Do you prefer to first test 2,749.98, or return first to 2,585.61? Feel free to leave your view and reasoning.
#SouthAfricaProposesCryptoExchangeControls
From the cycle alignment perspective, the 24-hour trend is still +5.42%, while the 1-hour move has eased to -0.49%, which looks more like a cooldown within an upward structure. If the pullback does not break key support, it is normal rotation; if support is lost and the rebound is weak, short-term control will shift from bulls to bears.
Key review levels: 2,667.8 determines short-term control, 2,749.98 is used to confirm upside room, and 2,585.61 is used to observe downside defense. Going forward, there is no need to guess every step; just check whether the original判断 still holds when price reaches these levels.
If the move matches expectations, manage profits in stages and continue to raise protection; if it does not match expectations, acknowledge the change in conditions in time. Professional trading is not about always being right, but about maintaining consistent execution after the information changes.
For those already holding positions, the focus is on managing based on whether support fails, rather than being carried away by every fluctuation; for those with no position, priority should be given to waiting for a breakout retest or support confirmation. Spot positions can be scaled in, while futures should shorten the decision chain: first determine the stop-loss level, then decide whether to participate.
I will next focus on tracking whether 2,667.8 holds or breaks. Do you prefer to first test 2,749.98, or return first to 2,585.61? Feel free to leave your view and reasoning.
#SouthAfricaProposesCryptoExchangeControls
