$ETH Monday Market Analysis

The 4-hour timeframe has strongly broken through the resistance of the equilibrium zone, confirming a bullish continuation pattern. Currently, it is pushing towards the previous weak high area, indicating a high-level oscillation with a bullish bias. All levels are strictly set based on the normal fluctuation range of ETH's 4-hour timeframe to avoid narrow stop-loss triggers.
Long positions reference (re-enter after a pullback and stabilization, never chase high)
Entry zone: 2350-2360 (the retracement confirmation area after the 4-hour breakout, also the upper boundary of the previous equilibrium zone with strong support)
Stop loss: 2325 (a break below this level indicates the breakout is false, and the larger timeframe will return to consolidation, unconditional stop-loss)
Stop-loss range: 25-35 points, consistent with ETH's normal 4-hour fluctuation range
First take profit: 2390-2400 (resistance near the current price retracement)
Second take profit: 2410-2420 (targeting the previous weak high)
Short positions reference (only enter after clear resistance is encountered)
Entry zone: 2410-2420 (testing the previous weak high resistance on the 4-hour timeframe, only enter after clear signs of a sharp rise followed by a pullback)
Stop loss: 2445 (an effective break above the previous weak high confirms bullish acceleration, exit if triggered)
Stop-loss range: 25-35 points
First take profit: 2380-2390 (intraday support retracement)
Second take profit: 2350-2360 (retracement to the long entry zone)
⚠️ Risk Warning
The above is only an analysis of market structure and does not constitute investment advice. The current price above 2385 makes the risk-reward ratio for long positions seriously unreasonable; patiently wait for a pullback before acting. All trades should be taken with light positions and strict stop-loss management.
#加密市场行情震荡