ETH Wave Structure (1H)

Trend Judgment

After rebounding from the low point at 1906,
ETH shows a continuous upward trend.

Highest price reached:

2059

Current price range:

2040 — 2055

Overall belongs to:

The high-level consolidation phase within a rebound trend

The short-term structure has shifted from
the previous bearish rebound

to:

A short-term bullish trend

but has not yet entered
a true mid-term reversal.

Reasons:
① Structural Change

The current structure has become:

1906
→ 1988
→ 2059

Belonging to:

Higher lows + higher highs

Short-term:

Uptrend structure is valid

② Moving Average Status

1H Structure:

MA has turned upward
Price is stable above MA

Indicates:

Bullish trend is in progress

③ BOLL Status

BOLL:

Middle band moving upward
Upper band has been touched
Price is running along the upper band

Belongs to:

Trend market characteristics

④ MACD

MACD:

Still above the zero line
Bullish momentum exists
But:

Momentum is beginning to weaken
Implying:

The upward movement is entering a consolidation phase

Market Status

Currently:

Consolidation within an uptrend

Common institutional rhythm:

Uptrend
→ Sideways
→ Breakout again

Or:

Uptrend
→ Fake breakout
→ Pullback

Key Resistance Zone
Pressure Area

2055 — 2065

Current testing zone.

Strong Resistance

2085 — 2100

Previous structural resistance.

Support Zone

2020

Short-term support.

1990

Key structural level.

1988

Breaking below will weaken.

Trading Strategy
✔️ Main Approach (Follow the trend to go long)

If retesting:

2010 — 2025

Consider going long.

Stop Loss:

1995

Targets:

TP1: 2055
TP2: 2080
TP3: 2100

✔️ Breakout to chase longs

If breakout:

2065

Retest does not break down

Can chase long.

Stop Loss:

2045

Targets:

2085
2100
2120

✔️ Short Position Strategy (Short-term only)

If:

2060 — 2080

Appear:

Long upper shadow
Volume increases, price stagnates

Short sell possible.

Stop Loss:

2095

Targets:

2030
2000

Not recommended now:

Chasing shorts below 2040
Guessing the top to short
Counter-trend. #加密市场上涨