Knew it would drop, but didn't expect it to be because of war
Closed positions too early, otherwise…
#以色列伊朗冲突 🔍 Current ETH Status Summary
🕒 News Digestion Situation:
• Market sentiment begins to dull after a sharp decline;
• No further negative news spreading; ETH stabilizes above 2500 and oscillates;
• Mainstream capital has not entered the market on a large scale to buy the dip, nor has there been a new wave of panic selling;
→ The “Sharp Drop → Dulling → Wait-and-See” phase is unfolding
🧠 Technical Structure Breakdown
🔸 1-Hour Trend:
• MACD golden cross is brewing, but the strength is weak;
• RSI is still hovering in the 30~40 range, indicating that sentiment repair is not yet complete;
• Current prices have not been able to break through the 2530-2550 resistance zone, showing weak performance.
🔸 4-Hour Trend:
• This round of crash has formed a cliff-like decline + bottoming consolidation structure;
• ETH needs to break above 2580 to possibly build a rebound wave;
• If it can hold above 2480 on a subsequent pullback, it indicates the possibility of forming a “spike bottom.”
#TraderLeague 📈 Support / Resistance Levels:
Recent Support 2480 Spike confirmation area; if it falls below, panic may reignite
Current Oscillation Center 2500~2530 Key axis for bulls and bears, dividing line for strength and weakness
First Rebound Resistance 2555~2580 Small structure resistance; if not surpassed, the rebound is not established
Main Trend Confirmation Level 2630 Only above this level can structural repair and trend reversal occur
📌 Operation Suggestions:
✅ If you are not holding a position yet, it is recommended to wait and see for confirmation:
1. Buying on Dips Strategy (Spike for Rebound):
• If ETH again dips near 2480 and spikes but doesn’t break, a small long position can be tried;
• Set stop-loss below 2460 and take profit at 2550~2580.
2. Structure Confirmation Strategy:
• ETH effectively stands above 2580 with increased volume;
• Consider entering a long position with a target of 2670~2730 and set stop-loss at 2530.
3. Shorting not recommended:
• Currently has entered the tail end of the oscillation, blindly opening short positions can easily be swept away by spikes;
• If there are new responses from Iran or the US, a V-shaped recovery could happen at any time.