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Did everyone profit from the ETH short at 2365 given in yesterday's live broadcast? Currently, the real trading signals have already suggested reducing positions at 2330, and the remaining positions should be held with a breakeven stop-loss, watching whether 2310 can break below. If it breaks, the next target is 2290; at that point, all short positions should be closed for profit. After taking profit on the shorts, we will directly reverse and go long in the 2280-2288 range, with the long stop-loss set at 2240.
As the price approaches the 2280 area, it has reached a key previous resistance level, completing a top-bottom reversal. This is also a dense trading zone where buy and sell orders cluster. From the perspective of Chan Theory, this wave of decline is basically nearing its end; the bearish momentum has significantly weakened, and there is limited room for further decline on smaller timeframes. Moreover, this decline was characterized by decreasing volume, with no volume spikes to dump the market, indicating that selling pressure has largely been absorbed. Support levels below are beginning to emerge, and the market is likely to stabilize and rebound here. Overall, the current pattern is still oscillatory, not a one-sided downtrend. Entering long positions at this support level is relatively safer, as long as the 2240 stop-loss is strictly maintained, and patience is kept for the rebound.
Strategy reference $ETH
Buy near 2280-2288, with a stop-loss at 2240, targeting 2330-2360-2380