BrotherRen600

Have you been waiting anxiously these past two days?
Planning to place a short order for the initial position at 1850.

U.S. stock markets are closed today.
Manage positions, or you can stay flat.
Avoid being stop-lossed by overnight wicks.

Yesterday reminded that non-farm payroll stimulus would pump the price, and the market would isolate after the event. 1690-1710 trapped positions, short positions placed before US stock market opens, stop loss at 1730, target 1670, if broken, can look for deeper pullback.
The overall trend remains bearish!
This rebound is only driven by news stimulus, US stock market will not open all day tomorrow, beware of back-and-forth wicks.

Short (White market)
Target 1580-1550-1510
Take profit in batches.
Non-farm payroll data at 8:30 PM (then keep clear positions or wait with no positions)

1. Long-Short Probability
Overall short win rate is 65%, the rebound is a short-term repair, and the major trend is downward.
NASDAQ futures are slightly higher before the open, which will bring a brief long-side surge, but it is difficult to sustain strength, and it is more likely to fall after the surge.
2. Two Phases of the Opening
1. First 30 minutes after open (washout phase, 35% bullish)
Driven by the higher open of US stocks, ETH is likely to surge and test the resistance at 1595–1600, specifically to sweep stop-losses.
This is also the biggest risk for your positions. Once 1600 is pier

Short, fixed stop loss 1600-1615
Take profit 1546-1527-1503 in batches, remaining to bet on deeper downside
(Large trend bearish structure unchanged)

Dry
F***ing dry emptiness

Weak rebound, add to short position for the second time, aiming for level 1507. Stop loss set firmly at 1583-1590.

1650 strong pressure/resistance. Set the stop loss right here. A breakout and rebound look strong—if it breaks below 1615, you can aim for 1580–1546, take profit on the move, and keep part for deeper downside potential.
*(In the big trend, it’s still about the rhythm of shorting bounces.)*

Continue to open short at current price. First add at 1635, second add at 1660, stop loss at 1700.
First take profit at 1580, second take profit at 1550, aim for 1500!