$ETH 1-hour timeframe shows a breakdown and downward trend, with the price falling below the recent consolidation range and bearish momentum regaining dominance.



Core ETH trading strategy:
Focus on shorting on rebounds, be cautious with aggressive dip buying.

Specific action plan:

Bearish direction
Shorting on rebound: If the price rebounds to the resistance area around 3080 and shows signs of stalling (candlestick patterns), short in batches | Target: 30-120 points+
Breakdown follow-short: If the price breaks below the support near 2980, follow the trend and short | Target: 30-120 points+

Bullish direction
Aggressive dip buying: If the price sharply drops to the support area around 2980-90 with clear loss of momentum, take a light position to bet on a rebound | Target: 30-120 points+
Chase long condition: Only consider small trend-following longs if the price stabilizes above 3150 again | Target: 30-120 points+

Unified risk control stop-loss of 30 points:
Stop-loss for shorts is set 30 points above the entry price
Stop-loss for longs is set 30 points below the entry price

( The above is my personal trading framework, not investment advice.

Currently, the price is weakly hovering around 3036, having already broken short-term support. I am ready to place short orders near 3080, with the first target below 3000! Did you catch this breakdown move? What positions are you currently holding? $ETH
ETH0.76%
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KeepItUp2vip
· 12-06 04:37
Tai Sheng, I set it up last night and it still hasn't been adjusted properly. I wanted to ask what's going on.
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