ETH midday market analysis

1. Long Strategy

• Long point one: around 4150
Core support: Pull back to the integer level, and close to the EMA7 support level, suitable for the low absorption logic after short-term adjustment.

• Long Point 2: Around 4100
Core support: The previous high point has turned into support, and it is close to the next integer level, where the buying defense power is relatively strong.

• Long stop loss point: 4065
Stop loss logic: After breaking below 4100, the support is invalidated, and the bullish view needs to be revoked to avoid the risk of the price probing recent lows.

2. Short Selling Strategy

• Short point one: around 4250
Core pressure: When it reaches an integer resistance level, if the trading volume does not expand simultaneously, it can be judged that there is short-term selling pressure.

• Shorting point two: around 4300
Core Pressure: Although it has risen with the trend after breaking the previous high of 4225, it is affected by psychological resistance at integer levels and may have entered an overbought zone.

• Short stop loss point: 4325
Stop-loss logic: If the price effectively stabilizes at 4300 and the technical pattern is accompanied by a volume increase, it indicates that the upward trend continues, and one should exit in a timely manner to avoid risk.