The consolidation around 1580 in ETH, I interpret it as building up momentum rather than weakness. From the order flow perspective, the shorts at this level have already started to loosen, and buy orders are quietly absorbing. After last Friday’s push up, what we’re seeing now is just a normal pullback and confirmation—so long as it doesn’t break down, the trend is still on my side.
My entry logic is very straightforward: structural support + a pullback with reduced volume—this is the healthiest form for the bulls. Even if there are some whipsaws in the short term, as long as the position cost is low enough, holding on is simply waiting for the wind to come. I believe the upside for this long is bigger than most people think.
🟢 Trading direction: Long
📍 Entry range: 1582 – 1583
🛑 Stop loss: 1578.39
🎯 Take profit 1: 1587
🎯 Take profit 2: 1591
🎯 Take profit 3: 1594.96
$ETH
Click below to trade👇👇👇
My entry logic is very straightforward: structural support + a pullback with reduced volume—this is the healthiest form for the bulls. Even if there are some whipsaws in the short term, as long as the position cost is low enough, holding on is simply waiting for the wind to come. I believe the upside for this long is bigger than most people think.
🟢 Trading direction: Long
📍 Entry range: 1582 – 1583
🛑 Stop loss: 1578.39
🎯 Take profit 1: 1587
🎯 Take profit 2: 1591
🎯 Take profit 3: 1594.96
$ETH
Click below to trade👇👇👇