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ETH Short-term: 1-hour narrow range oscillation, 4-hour bearish dominated, high selling and low buying as main strategy
Ethereum maintains a 2120-2180 range oscillation on the 1-hour level, with resistance at the upper end facing multiple failed breakout attempts and insufficient bullish momentum; first support at 2120, second support at 2080, with the lower range boundary providing relatively effective support. On the 4-hour level, the downtrend has not been effectively broken, bearish structure on larger timeframes still dominates, with rebounds more inclined toward technical corrections rather than trend reversals.
Operationally, follow the strategy of shorting at high levels and accumulating longs at support levels in batches:
When rebounds approach the upper range resistance, establish short positions; when pullbacks stabilize at 2120, enter light longs, if it breaks below then watch for 2080 to scale in longs, strictly implement stop losses to control risk. Currently, the market operates mainly in range oscillation mode, avoid chasing entries, avoid holding against the trend, wait for breakout confirmation before following the momentum.
For precise entry points and real-time signals, follow Bamboo Leaf & pinned 🤔, steadily master the rhythm of range-bound movements. #加密市场回涨 $ETH