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#Gate广场四月发帖挑战
$ETH Current quote: 2236 USDT, 24h increase: 7.39%, highest touch: 2273.53, trading volume significantly amplified, bulls dominate the market.
Multi-timeframe structure
- 4H timeframe: After forming a bottom at 1936, it oscillates and rises, with a large bullish candle breaking through the range, clearly trending upward. Support at 2180-2200, resistance at 2300-2386.
- 1H timeframe: After continuous short squeezing, it consolidates at high levels, momentum diminishes, entering a consolidation phase. Defense level at 2200; holding this level suggests the trend will continue.
- 15M timeframe: High-level oscillation around 2230, balanced between bulls and bears, waiting for a direction to be chosen.
Trading strategy
Main approach: buy on dips, stabilize around 2210-2220 before going long, stop loss at 2190, target 2270-2300;
For short-term trading: only suitable for ultra-short-term speculation. Rebound around 2260-2270 with light positions to short, stop loss at 2280, target 2220-2200;
Conservative traders wait for a dip to 2200 or a breakout above 2275 before following the trend, avoiding chasing high prices.