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Good morning, let's analyze the short-term order placement strategy for the ETH contract.
The current situation is characterized by high-level oscillation, with the moving averages in a bullish trend but facing short-term resistance.
The previous high at 2,273 encountered resistance and pulled back, with volume decreasing during the rise and increasing during the local decline—indicating a somewhat weak signal.
Conclusion: Within 24 hours, expect sideways movement with a bias toward bearishness, but not a one-sided decline. Both bulls and bears have opportunities; the key depends on the position.
Order placement strategy:
- Short position: Place order at 2,265, stop loss at 2,286, take profit at 2,150 / 2,120
- Long position: Place order at 2,140, stop loss at 2,117, take profit at 2,190 / 2,230
- Middle zone (2,160–2,240): No orders for now
📌 Some points to clarify
1. Short positions: 2,260-2,275 is a resistance zone at the previous high. If the rebound cannot break through, consider shorting. If it stabilizes above 2,275, short positions become invalid.
2. Long positions: Only buy on dips, not chasing highs, especially around 2,130-2,150 where volume indicates a potential bottoming signal. If it directly breaks below 2,100, abandon long positions.