Just now, ETH experienced a very typical "rapid downward spike," touching around 3053, then quickly rebounding above 3110.
1. The deeper meaning of the rapid spike
This spike is a classic example of "bullish leverage clearing" from a technical perspective:
1. Trap and wipeout: The price suddenly pierced recent support levels, aiming to trigger stop-losses and liquidations of high-leverage long positions, clearing out floating positions.
2. Testing buying interest: The spike quickly retraced, indicating strong "supporting funds" or buying willingness in the 3050 - 3080 range. This "long lower shadow" is usually a short-term signal of stabilization and a potential rebound.
2. Asian session attitude and intraday trend
Currently, the Asian session can be described as "cautiously observing, refusing deep declines":
- From the 1-hour and 4-hour charts, after a series of declines earlier, the Asian session has not followed with increased selling volume but has instead oscillated narrowly around the 3100 level for repair.
- This suggests that Asian market funds are currently in a wait-and-see mode, awaiting a clear direction from the US stock market opening. As long as the 50% retracement of the spike (i.e., holding above 3085) is recovered, bulls have a chance to rebound.
3. Preparation before US stock market open
Tonight’s US stock market opening will directly determine whether ETH can return to 3200:
- Key observation: Watch the pre-market S&P 500 futures and NASDAQ futures. If US stocks rebound, ETH is highly likely to form a "V-shaped reversal."
- Risk warning: If US stocks open lower and ETH drops below 3080 again, beware of a second bottom.
4. Entry points and small stop-loss strategies (valuable tips!)
Follow the principles of "light positions, staggered entries, strict stops":
- Aggressive entry: around 3100 - 3110 (light position to catch the rebound at current price).
- Conservative entry: in the 3060 - 3085 range (wait for a second retest to confirm no breakdown).
- Stop-loss setting: ideal at 3030. For a smaller stop-loss, monitor around 60–85 for entry points.
Summary: The spike has appeared, and the bottom is tentatively tested. Currently, the market is in a recovery phase after high volatility, so avoid chasing highs or panic selling. Hold key support levels and follow the main trend.
The above is for reference only and does not constitute investment advice. The market carries risks; trade cautiously!
- BOLL indicator shows: on the 4-hour chart, the price is running along the lower band, which is often a sign of oversold conditions.
- MACD observation: on the 1-hour chart, the MACD green bars are beginning to shorten, indicating weakening bearish momentum, with a low-level golden cross expected between DIF and DEA.
- Trading mindset: since the spike has already occurred, it indicates the main force has shaken out the market. Currently, the risk-reward ratio favors the bulls, but strict adherence to the 3030 stop-loss is necessary.
Do not rule out multiple shakeouts by the main force; profit from the Asian session and exit—don’t hold on to losses. #Gate广场创作者新春激励
#以太坊行情分析 #ETH #交易策略 #Gate Plaza Creator Spring Incentive$ETH
1. The deeper meaning of the rapid spike
This spike is a classic example of "bullish leverage clearing" from a technical perspective:
1. Trap and wipeout: The price suddenly pierced recent support levels, aiming to trigger stop-losses and liquidations of high-leverage long positions, clearing out floating positions.
2. Testing buying interest: The spike quickly retraced, indicating strong "supporting funds" or buying willingness in the 3050 - 3080 range. This "long lower shadow" is usually a short-term signal of stabilization and a potential rebound.
2. Asian session attitude and intraday trend
Currently, the Asian session can be described as "cautiously observing, refusing deep declines":
- From the 1-hour and 4-hour charts, after a series of declines earlier, the Asian session has not followed with increased selling volume but has instead oscillated narrowly around the 3100 level for repair.
- This suggests that Asian market funds are currently in a wait-and-see mode, awaiting a clear direction from the US stock market opening. As long as the 50% retracement of the spike (i.e., holding above 3085) is recovered, bulls have a chance to rebound.
3. Preparation before US stock market open
Tonight’s US stock market opening will directly determine whether ETH can return to 3200:
- Key observation: Watch the pre-market S&P 500 futures and NASDAQ futures. If US stocks rebound, ETH is highly likely to form a "V-shaped reversal."
- Risk warning: If US stocks open lower and ETH drops below 3080 again, beware of a second bottom.
4. Entry points and small stop-loss strategies (valuable tips!)
Follow the principles of "light positions, staggered entries, strict stops":
- Aggressive entry: around 3100 - 3110 (light position to catch the rebound at current price).
- Conservative entry: in the 3060 - 3085 range (wait for a second retest to confirm no breakdown).
- Stop-loss setting: ideal at 3030. For a smaller stop-loss, monitor around 60–85 for entry points.
Summary: The spike has appeared, and the bottom is tentatively tested. Currently, the market is in a recovery phase after high volatility, so avoid chasing highs or panic selling. Hold key support levels and follow the main trend.
The above is for reference only and does not constitute investment advice. The market carries risks; trade cautiously!
- BOLL indicator shows: on the 4-hour chart, the price is running along the lower band, which is often a sign of oversold conditions.
- MACD observation: on the 1-hour chart, the MACD green bars are beginning to shorten, indicating weakening bearish momentum, with a low-level golden cross expected between DIF and DEA.
- Trading mindset: since the spike has already occurred, it indicates the main force has shaken out the market. Currently, the risk-reward ratio favors the bulls, but strict adherence to the 3030 stop-loss is necessary.
Do not rule out multiple shakeouts by the main force; profit from the Asian session and exit—don’t hold on to losses. #Gate广场创作者新春激励
#以太坊行情分析 #ETH #交易策略 #Gate Plaza Creator Spring Incentive$ETH
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