January 2nd ETH Technical Strategy (As of 12:40, current price approximately 2990)

- Core judgment: Volatility with a slight bearish bias, double top + double cycle death cross resonance, weak rebound
- Intraday range: 2960-3010; key resistance at 3000/3010/3030; key support at 2960/2950/2930
- Indicator signals: 4-hour double top (3008/3005) + MACD death cross, daily long upper shadow on 2-day, heavy selling pressure at 3000, 7/30-day moving averages (2992/2988) will form a death cross, rebound with low volume, low trading activity

Trading Strategy (Short-term, risk control prioritized)

1. Mainly short positions (core)
- Entry: Light short positions at 3000-3010
- Stop-loss: Above 3030 (e.g., 3035)
- Target: 2970-2960; if broken below 2960, watch 2950-2930
- Position size: ≤5%, do not add to positions on low volume rebounds
2. Supportive long positions (for stabilization)
- Entry: Stabilize at 2960-2950 with light long positions
- Stop-loss: Below 2930 (e.g., 2925)
- Target: 2990-3000; reduce positions when encountering resistance
3. Breakout response
- Upward breakout above 3030: retest 3010 to go long, stop-loss at 2990, target 3050-3060
- Downward break below 2930: rebound to 2950 to add short, stop-loss at 2960, target 2900-2890

Risk Control Rules

- Single position ≤5%, total position ≤20%, every trade must have a stop-loss
- Do not chase long on low volume rebounds, do not hold positions on volume breakdowns
- Confirm breakouts with 4-hour closing price, avoid placing mid-candle spike orders