$ETH The 1-hour chart shows a pullback and consolidation after a surge, with the price moving within the 3120-3220 range, entering a short-term technical correction phase.

Core strategy for ETH trading:
Focus on buying on pullbacks; consider light short positions at resistance levels during rebounds.

Specific trading plan:

Short positions
Short on rebound: If the price rebounds to the resistance area around 3200-3220 and stalls (as shown by a stalling candlestick), open short positions in batches | Target: 30-120 points+
Breakdown short: If the price breaks below the support around 3120, go short with the trend | Target: 30-120 points+

Long positions
Buy on pullback: If the price pulls back to the support area around 3120-3150 and shows clear signs of momentum exhaustion, open long positions in batches | Target: 30-120 points+
Breakout long: If the price holds above the resistance around 3220, go long with the trend | Target: 30-120 points+

Unified risk control, stop loss at 30 points:
Stop loss for short positions: 30 points above the entry price
Stop loss for long positions: 30 points below the entry price

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

Currently, the price is oscillating around 3172, which is the midpoint of the range. I am prepared to place long orders around 3150 and short orders around 3200, setting up both directions while waiting for confirmation! Are you choosing to go long at the support level, or waiting for a rebound to go short? $ETH ‌