The following are go long and shorting strategies for ETH, for your reference:

#### go long strategy

**Strategy 1: Volume Breakout to Go Long**

- **Entry Conditions**: ETH price effectively breaks through **$1610** with confirmed short-term reversal signals.
- **Trading Advice**: Go long with a light position when breaking above $1610.
- **Stop-loss level**: Set below **$1595** to guard against false breakout risks.
- **Target Price**:
- **First Target**: **1620 USD**
- **Extended Target**: **1635 USD**

**Strategy 2: Pullback support to go long**

- **Entry Conditions**: The price pulls back to around **1579 USD** and shows signs of stabilization (such as a Pin Bar or a low volume bullish candlestick).
- **Trading Advice**: Try going long with a light position in the **1579-1582 USD** range.
- **Stop Loss Level**: Set at **$1565**, if the support level is broken, then stop loss.
- **Target Price**:
- **First Target**: **1598 USD**
- **Extended Target**: **1605 USD**

**Strategy Three: Linked Breakout Go Long**

- **Entry Conditions**: BTC steadily above **85,000 USD**, driving ETH to break through **1608 USD**.
- **Trading Suggestion**: Try going long after ETH breaks above $1608 and retraces without breaking.
- **Stop Loss Level**: Set at **1592 USD**.
- **Target Price**:
- **First Target**: **$1620**
- **Extension Target**: **1642 USD**

#### shorting strategy

**Strategy 1: Failed Bullish Attempt to Short**

- **Entry Conditions**: ETH failed to rise above **1608 USD**, showing a decrease in volume or a top divergence.
- **Trading Advice**: Try shorting with a light position near **1608 USD**.
- **Stop Loss Level**: Set at **1615 USD**, if the price continues to rise, then stop loss.
- **Target Price**:
- **First Target**: **1585 USD**
- **Extended Target**: **1570 USD**

**Strategy 2: Effectively break down support to go short**

- **Entry Conditions**: ETH clearly breaks below the **$1579** support level, accompanied by an increase in trading volume.
- **Trading Advice**: Enter a short position near **1578 USD**.
- **Stop Loss Level**: Set at **1592 USD**.
- **Target Level**:
- **First Target**: **1560 USD**
- **Extension Target**: **1545 USD**

**Notes**:

- The above strategy is based on the current market conditions, but the cryptocurrency market is highly volatile, so please closely monitor market trends and news changes.
- It is recommended to set reasonable stop-loss and take-profit levels, control positions, and avoid overtrading.
- Market conditions change rapidly, and strategies are for reference only and do not constitute investment advice. Investment should be approached with caution.