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Ethereum W底构建条件与楔形突破策略
The key to the establishment of core logic and form.
• The prerequisite for the establishment of W bottom: the hourly level must break through the marked neckline + the upper boundary of the wedge, both of which are essential; otherwise, the pattern is invalid; after establishment, the target points to the previous hourly high, and the breakthrough is the core signal for the continuation of the upward trend;
• The long-short dividing line at $3712: If this position does not break on the 4-hour level, the bulls still have an advantage; if it breaks, it will test $3595, corresponding with the support at $3660 below, with clear support and resistance.
Key Level Trading Strategy
• Long conditions:
1. Breakthrough with volume at $3786 → chase the long position on the right side, target $3797 → $3838, stop loss if it breaks;
2. Pull back to confirm support at $3706 → light position to try long, stop loss if it falls below $3664;
3. Long position at $3596 on the left side, stop loss at $3566 if it breaks (deep pullback for low absorption);
4. W bottom + wedge breakout confirmation → add long positions, target 3880 USD (near previous high).
• Short selling conditions:
1. When the price breaks below $3743 → short on the right side, target $3747 → $3709, if it rebounds and cannot recover, cut loss;
2. Short with a light position at 3857 USD, stop loss at 3880 USD if broken (shorting at resistance level requires volume support);
3. Break below 3712 USD on the 4-hour level → increase short positions, looking down to 3668 → 3595 USD, clear pullback signal.
Form and Operational Discipline
• Resonance of W bottom and wedge:
◦ Both breakout patterns need to be confirmed simultaneously to avoid false signals from a single pattern breakout; an increase in trading volume is a validation of effectiveness.
• Flexible response to resistance levels:
◦ Be cautious of the breakout after the W bottom formation at 3857 US dollars for short positions, with strict stop-loss, and do not act like an "Iron Head Child".
Summary: Ethereum needs to wait for confirmation of the W bottom and wedge breakout. Core operation: Pursue long positions on the breakout relying on a stable position above $3797, with a stop loss reference at $3712. Before the pattern is confirmed, it's better to watch more and act less, avoiding blind bottom guessing.