【$ETH Signal】Pullback to add longs, 1H level funds support $ETH The 1H level is oscillating narrowly around 2049, with the price firmly held below the EMA20. However, the buy order depth below is unusually thick, with orders around 2049.8 far exceeding sell orders. The 4-hour MACD green bars are continuously shrinking, indicating weakening bearish momentum. Entering a short position at this level offers a poor risk-reward ratio, more likely reflecting the main force repeatedly testing support at a critical point. 🎯Direction: Long ⚡Entry/Order: 2033.44 - 2037.33 🛑Stop Loss: 2000.50 🚀Target 1: 2184.65 🚀Target 2: 2258.31 🛡️Trade Management: - Execution Strategy: After reaching the first target, reduce half of the position and move the stop loss to the entry price. Hold the remaining position to aim for the second target. If the price pulls back and breaks below the moving stop loss, exit all positions. Position size remains stable, but the price cannot effectively break downward, indicating that selling pressure has been continuously absorbed. The 1-hour RSI hovers around 45 and has not entered oversold territory. This stagnation often signals an imminent shift in bullish and bearish forces. Combined with order book data, a large number of buy orders are stacked in the 2040-2050 range, clearly showing support from funds. The current market sentiment is cautious. Under this structure, a quick pullback to accumulate support increases the probability of a bullish reversal. View real-time market 👇 $ETH --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#Gate广场四月发帖挑战 #三月非农数据来袭 #加密市场行情震荡

Honestly, I haven't looked at Chinese cryptocurrencies in a while, and they are performing quite well. I started to dig into them and found the following. NEO is often called the Chinese Ethereum — a smart contract platform supported by the government. Interestingly, it has two tokens: NEO for governance and GAS for transaction fees. Sounds logical. VeChain is in a different league — it's not just a cryptocurrency but a supply chain tracking solution. They have real partners like Walmart, BMW, PwC. They work with green technologies and fight counterfeiting. These are real cases, not just hype. Conflux is the fastest blockchain among Chinese projects, with 3,000 transactions per second. Plus, it's the only public blockchain regulated in China. It integrates with traditional businesses, which is rare. Ontology focuses on data protection through decentralized identification. It’s used in healthcare and finance. Compatible with Ethereum and Polkadot, so the ecosystem is open. Why should you pay attention to Chinese cryptocurrencies at all? After all the regulatory changes, a new cycle has begun there. The key is not promises but real business cases with well-known partners and government support. I wouldn’t want to put my entire portfolio into them, but diversification into projects with real utility makes sense.

The most difficult part of trading is the word "waiting." The true dividing line in trading is "waiting." In the market, the hardest thing is not understanding the trend, but holding back your hand. When market fluctuations occur, there is an impulse to act now, thinking that if you don't, you'll miss out on something. But in the eyes of a true trader, opportunities are never lacking; what’s lacking is the ability to wait. Being able to "wait" requires a clear set of standards, knowing which trends and ranges are worth taking action on. Being able to "wait" means enduring the silence of holding an empty position, without feeling anxious or restless due to inaction. A master’s win rate isn’t about spotting more opportunities, but about knowing when to let go. Letting 90% of opportunities slip away is part of acting only during that 10% with high odds. Real opportunities belong only to those who can wait. Because in trading, "waiting" is not wasting time; it’s making time work in your favor. #Gate广场四月发帖挑战 $ETH