$ETH The 1-hour level shows a strong Rebound breakout, with prices achieving higher trade volumes and breaking through the previous resistance area. Short-term long positions momentum is strong.

Core idea of Ethereum Saint operations:
Mainly focus on long positions during pullbacks, and you can try short positions with a light position when rebounding to strong resistance areas.

Specific combat plan:

short positions
Rebound short: Price rebounds to the resistance zone around 3050-3080 showing stagnation candlesticks, short in batches | Target: 30-120 points+
Breakout Short: Price breaks below the support around 2950, follow the trend to short | Target: 30-120 points+

long positions
Pullback to go long: The price shows significant momentum exhaustion near the support zone around 2950-65, enter long positions in batches | Target: 30-120 points+
Breakthrough to chase long positions: Price stabilizes near the 3080 resistance, follow the trend to chase long positions | Target: 30-120 points+

Unified risk control stop loss of 30 points:
Place the stop loss for the short position 30 points above the entry price.
Place the stop loss for long positions 30 points below the entry price.

( The above is a personal trading framework, not investment advice)

The current price is strongly running around 2990, and the moving average system has started to align in long positions. I am ready to set up long positions near 2980, with a target looking towards above 3050! Did you catch this strong rebound?

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