$ETH 1-hour chart shows a breakdown followed by consolidation, with price moving within the 2980-3100 range. The short-term structure remains bearish.



ETH Saint's Core Trading Ideas:
Focus mainly on shorting the rebound; be cautious when trying to buy the dip on sharp declines.

Specific Trading Plan:

Bearish Side
Short the rebound: If the price rebounds to the resistance area near 3080 and shows signs of stalling with candlestick patterns, open short positions in batches | Target: 30-120 points+
Breakdown short: If the price breaks below the support near 2980, follow the trend and go short | Target: 30-120 points+

Bullish Side
Quick dip, buy the rebound: If the price drops sharply to the support area near 2980-3000 and shows clear momentum exhaustion, take a light position to try for a rebound | Target: 30-120 points+
Chase long condition: Only consider a small trend-following long position if the price regains stability above 3120 | Target: 30-120 points+

Unified risk control stop loss: 30 points
Short position stop loss: 30 points above entry price
Long position stop loss: 30 points below entry price

( The above is my personal trading framework, not investment advice.

Currently, the price is consolidating around 3044, which is slightly below the midpoint of the range. I am preparing to place a short order near 3080 and will also be watching the performance of the 2980 support! Are you choosing to short at resistance or waiting for support to try for a rebound? $ETH
ETH1.85%
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