1-hour timeframe shows an accelerating downward trend, with the price hitting a new intraday low, and bearish momentum continues to be released.

The core strategy for Ethereum Holy Operation:
Primarily short on rebounds, be cautious about chasing rebounds during sharp declines.
Specific trading plan:
【Short Side】
Short on Rebounds: When the price rebounds to the 3660-3680 resistance zone and shows signs of stagnation with a K-line, short in batches | Target: 3600/3550
Breakout Short: When the price breaks below the 3630 support, follow the trend and short | Target: 3580/3520
【Long Side】
Chase Rising Prices During Sharp Decline: When the price drops sharply to the 3550-3580 area and shows clear signs of exhaustion of momentum, take a small position to catch the rebound | Target: 3620/3650
Conditions to chase longs: Only consider small trend-following longs if the price re-establishes stability above 3720 | Target: 3780/3850
Unified risk control with a 30-point stop-loss:
Short positions: place stop-loss 30 points above the entry price
Long positions: place stop-loss 30 points below the entry price
The above is a personal trading framework, not investment advice.
Beware of scams with the same name across the internet.
Currently, the price is consolidating around 3635. I plan to short around 3660, with the first target at 3600 and the second at 3550! Share your thoughts in the comments.
#Short-term trend