From the 4-hour chart, Ethereum's support level around 3050 is quite critical. If it can hold steady at this price, it presents a good opportunity for a rebound long position. The current rebound is still moderate, so it is recommended to take partial profits and set a breakeven stop-loss to lock in risk.
The next trading rhythm is very important: once the price breaks through the 3150 resistance, you can continue to hold; otherwise, it’s better to exit completely and avoid stubbornly holding.
Regarding whether to continue going long within this range, it is entirely possible, but there is a key principle — only follow on the right side, never place orders on the left side waiting for the bottom. If it drops below 3050, it can easily sweep out the lower bullish liquidity, which is a risk point to be highly vigilant about later.
The core strategy is clear: go long on the pin bar recovery, and switch to a short position if the real body of the bearish candle breaks down. Overall, just follow the market structure and avoid trying to predict.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
20 Likes
Reward
20
7
Repost
Share
Comment
0/400
RektHunter
· 23h ago
Breaking 3050 means you have to run, don't be greedy
---
I agree with the right-side follow-up; placing orders on the left side is just asking for death
---
Longs with a needle insertion sounds good, but I'm worried about delayed reactions
---
It's the same old theory again, following the structure without predicting, easy to say but hard to do
---
Only dare to hold if 3150 is broken; otherwise, stop loss and exit, there's no need to hesitate
---
The mild rebound this time is wise to take some profits first
---
Breaking below 3050 with liquidity swept away would be a nightmare; set proper stop losses
---
A bearish K-line breaking down signals a reversal to short; you need to keep up with the rhythm or you'll get cut
View OriginalReply0
SeasonedInvestor
· 23h ago
If 3050 doesn't hold, we have to run; don't think about bottom fishing.
View OriginalReply0
MeltdownSurvivalist
· 01-09 08:58
If you can't hold 3050, you have to run. Really, don't be greedy.
View OriginalReply0
GmGmNoGn
· 01-09 08:58
If you can't hold 3050, you really have to exit; don't wait until 3100 to sell.
View OriginalReply0
RamenDeFiSurvivor
· 01-09 08:54
This 3050 level is real; you need to pace yourself well and avoid greed.
View OriginalReply0
ChainSauceMaster
· 01-09 08:51
The 3050 threshold must be well guarded; otherwise, it will be embarrassing.
View OriginalReply0
SatsStacking
· 01-09 08:33
If this line at 3050 truly can't hold, the liquidity from the orders below will be completely eaten up. It's better to be conservative.
From the 4-hour chart, Ethereum's support level around 3050 is quite critical. If it can hold steady at this price, it presents a good opportunity for a rebound long position. The current rebound is still moderate, so it is recommended to take partial profits and set a breakeven stop-loss to lock in risk.
The next trading rhythm is very important: once the price breaks through the 3150 resistance, you can continue to hold; otherwise, it’s better to exit completely and avoid stubbornly holding.
Regarding whether to continue going long within this range, it is entirely possible, but there is a key principle — only follow on the right side, never place orders on the left side waiting for the bottom. If it drops below 3050, it can easily sweep out the lower bullish liquidity, which is a risk point to be highly vigilant about later.
The core strategy is clear: go long on the pin bar recovery, and switch to a short position if the real body of the bearish candle breaks down. Overall, just follow the market structure and avoid trying to predict.