1-hour level has effectively broken below the key support at 3850, accelerating the bearish momentum. Currently trading within the 3780-3850 new zone. My emergency trading plan is as follows:

Core idea for Ethereum trading:
Primarily shorting on rebounds, supplemented by buying the dip during sharp declines

Specific trading plan:

【Short Positions】
Short on rebound: When the price rebounds to the 3830-3850 resistance zone and shows stagnation candles, short in batches
Breakout shorting: When the price falls below the previous low support at 3780, follow the trend and short

【Long Positions】
Quick rebound during sharp declines: When the price drops sharply near 3760, take a light position to buy the dip
Conditions to turn long: Only consider trend reversal to long if the price re-establishes above 3880

Unified risk control:
Long position stop-loss above 3870
Short position stop-loss below 3740

The above is my personal trading framework, not investment advice.
Did you catch this wave of decline and take profit? Or are you preparing to buy the dip? See you in the comments!

$ETH #Streamer Portfolio