$ETH The HYPE strategy we discussed earlier has already delivered solid gains, so everyone can comfortably accept this little surprise~ This is not a divergence, but a move reminding us to rethink the direction. After BTC surged higher, it failed to continue, and volume has instead contracted. Have you noticed that every rebound into the resistance zone gets pushed back down? This kind of action shows the selling pressure above is truly heavy.
Ethereum is the same too: the strength of the rebounds is getting weaker each time, and the key support level has now become the focal point of the battle between bulls and bears. When we trade, we focus on following the trend. Since the structure is weak and volume is lacking, it actually feels more solid to position in the direction of the bears. You can understand rebounds as giving us opportunities; as long as the key level cannot be reclaimed, the downside logic still holds.
🔴 Trading direction: Short
📍 Entry range: 2486 – 2536
🛑 Stop loss: 2561
🎯 Take profit 1: 2456
🎯 Take profit 2: 2401
Still waters run deep and hold distant vision; the market rises and falls with composure.
Stand with Sister Fei and read the tides of wealth.
#ETH
Click below to trade 👇
Ethereum is the same too: the strength of the rebounds is getting weaker each time, and the key support level has now become the focal point of the battle between bulls and bears. When we trade, we focus on following the trend. Since the structure is weak and volume is lacking, it actually feels more solid to position in the direction of the bears. You can understand rebounds as giving us opportunities; as long as the key level cannot be reclaimed, the downside logic still holds.
🔴 Trading direction: Short
📍 Entry range: 2486 – 2536
🛑 Stop loss: 2561
🎯 Take profit 1: 2456
🎯 Take profit 2: 2401
Still waters run deep and hold distant vision; the market rises and falls with composure.
Stand with Sister Fei and read the tides of wealth.
#ETH
Click below to trade 👇