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Tongge ETH Public Strategy
$ETH Current price 2297, strongly correlated with BTC: last night’s surge in Bitcoin, currently consolidating at a high level with a bullish bias, the rhythm is exactly the same as Bitcoin—buy on dips at low levels, short at high levels.
Long strategy
Entry: Buy on dips around 2280-2260 with stability
Stop loss: below 2220
Targets: 2320 → 2350 → 2380
Short strategy (reverse at high levels)
Entry: Short when resistance is encountered near 2380 during a rebound, do not chase the rally
Stop loss: above 2420
Targets: 2320 → 2290 → 2260