Regarding the recent trend of ETH, here is a summary of the current trading approach.
**Bullish outlook**: If the price can break through 3135 with volume (confirming on the hourly close), consider chasing long on the right side, with targets at 3180 and 3225. Additionally, after a strong breakout, if the price retraces to the strong support zone of 3055-3075 and stabilizes, that also presents a good opportunity for a light left-side long position.
**What to watch out for with shorts**: 3077 is currently the critical lifeline for the bullish pattern. If this level is effectively broken, the bullish pattern is invalidated. Specifically, if the 4-hour level breaks below 3090 and then loses 3075, the target for the bears shifts to 3055 and 3010.
**How to implement risk control rigorously**: First, all bullish plans assume the price must hold above 3077; otherwise, long positions should be exited. Stop-loss for chasing longs can be set below the breakout level of 3134, while stop-loss for retracement entries must be strictly below 3077. For shorts, stop-loss should be flexibly set above key resistance levels based on actual entry points.
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RugResistant
· 01-13 14:54
ngl 3077 is THE line rn... if it gets smashed i'm out no questions asked, seen this pattern fail too many times before
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FreeRider
· 01-13 14:53
Breaking 3077 means accepting losses, there's nothing more to say.
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It seems more reliable to catch the move around 3055-3075; chasing on the right side is easily smashed.
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The risk control part is correct, but I'm afraid human nature will defeat stop-losses.
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It's 3077 again. After all this trading at this level, either break through or break down.
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Waiting for a pullback is better than chasing gains; it's about trading time for space.
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Is 3077 really that critical? It seems both good and bad news can be fabricated.
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Confirm on the hourly chart before chasing; don't rush to get in. Lack of patience is evident.
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Chasing on the left side is risky; I choose to wait for confirmation signals on the right side.
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Setting stop-loss below 3077 sounds easy, but when you really lose money, everyone wants to hold on.
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SerumSqueezer
· 01-13 14:53
This 3077 hurdle is really a tough nut to crack. Once broken, just go directly to 3010 to find the bottom. Don't even think about the bulls anymore.
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MysteryBoxBuster
· 01-13 14:44
Once 3077 is broken, it's time to admit defeat. Don't fight the market.
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TradFiRefugee
· 01-13 14:35
3077 broke me, I just ran, don't bother with those fancy tricks.
Regarding the recent trend of ETH, here is a summary of the current trading approach.
**Bullish outlook**: If the price can break through 3135 with volume (confirming on the hourly close), consider chasing long on the right side, with targets at 3180 and 3225. Additionally, after a strong breakout, if the price retraces to the strong support zone of 3055-3075 and stabilizes, that also presents a good opportunity for a light left-side long position.
**What to watch out for with shorts**: 3077 is currently the critical lifeline for the bullish pattern. If this level is effectively broken, the bullish pattern is invalidated. Specifically, if the 4-hour level breaks below 3090 and then loses 3075, the target for the bears shifts to 3055 and 3010.
**How to implement risk control rigorously**: First, all bullish plans assume the price must hold above 3077; otherwise, long positions should be exited. Stop-loss for chasing longs can be set below the breakout level of 3134, while stop-loss for retracement entries must be strictly below 3077. For shorts, stop-loss should be flexibly set above key resistance levels based on actual entry points.