ETH trading strategy | October 14

From the 1-hour level perspective, the current market structure is consolidation - upward - consolidation, overall in a bullish dominant pattern. It is advised to avoid easily shorting in operations.

The current main fluctuation range is between 4050 and 4200, with 4200 forming a clear upper boundary of the range. Although it briefly broke through last night, it subsequently retraced, and the price is now back inside the range.

📌 Long Position Trading Strategy Reference:

· Left side strategy: Look for opportunities near the lower edge of the 4080-4050 range. The closer to 4050, the more ideal the risk-reward ratio, and stop loss if it effectively breaks down.
· Right-side strategy: If the 15-minute level stabilizes above 4200 again, consider following up with a long position, entering after confirming the breakout for more safety.

The current price fluctuation within the box can be observed for now. It is recommended to set alerts at key positions and patiently wait for signals to act.

$ETH