Previous Stop-Loss:

Looking at the 4-hour K-line chart of ETH/USDT, the current price has shown a clear rebound from the previous low of 1744.69, with an increase of +5.01%. Technical signals are showing some positive signs. Here is a detailed analysis:

1. Trend and Structure Judgment

1. Moving Average System: MA5 (1970.91) crosses above MA10 (1936.01) to form a golden cross, and both are approaching MA30 (1961.75). The short-term moving averages are beginning to turn upward, indicating a potential bullish arrangement.
2. Key Price Levels:
* Support Levels: MA5 (around 1970) is the immediate support; if a pullback occurs, this level should be watched. Stronger support is near the previous rebound high (around 1976) and the previous low at 1744.69 (though short-term retracement probability is low).
* Resistance Levels: The recent important resistance is the 24-hour high at 2054.80. Breaking through this could open upward space; the previous high at 3069.50 is farther away and not considered for now.
3. MACD Indicator: MACD value is 4.61, DIF (3.24) has crossed above DEA (-1.37) to form a golden cross, and the histogram is positive and expanding, indicating increasing bullish momentum.

2. Trading Direction Suggestions

Core Direction: Buy on dips. The current rebound trend is clear, and it’s suitable to attempt to follow the trend for entry.

Logic:

* The price has rebounded strongly from the lows, breaking through short-term moving average resistance, and the MACD golden cross combined with volume (though not significantly enlarged, but with some follow-up) indicates bullish forces are starting to dominate.
* Support levels are clear (MA5 and previous rebound high). Enter near support levels during a pullback, with relatively controlled risk.

3. Specific Operational Suggestions

* Entry Strategy (Long Position):
1. Aggressive Entry: If the price retraces to the 1970-1980 area (near MA5), and shows signs of stabilization (such as small bullish candles, doji, etc.), consider a light position to try long.
2. Conservative Entry: Wait for the price to retrace to the 1960-1970 area (coinciding with MA5 and previous rebound high). Confirm support is effective before entering, increasing success rate.
* Stop-Loss Placement: Suggest setting the stop-loss below 1930. Reason: This level is below MA10 and the previous rebound start point. If the price falls below this, the short-term rebound structure may be broken, and an exit is necessary.
* Take-Profit Targets:
1. First Target (TP1): Near 2055 (24-hour high). Consider partial profit-taking here to lock in gains.
2. Second Target (TP2): If the price breaks through 2055 and stabilizes, look towards 2150-2200, or higher (based on subsequent trend and market sentiment).

4. Risk Warning

1. Key Observation: If the price rebounds to around 2055 and shows clear signs of stagnation (such as long upper shadows, bearish engulfing candles, etc.), beware of a pullback risk. Consider taking profits early or reducing positions.
2. Position Management: Although it’s a rebound trend, it’s still a recovery after oversold conditions. It’s recommended to operate with a light position (such as 3-5% of total funds) to avoid heavy betting.
3. News Impact: Cryptocurrency markets are sensitive to news (macro policies, industry good/bad news). If significant news is released, adjust strategies promptly.

5. Additional Notes

Since the price has rebounded more than 15% from the lows, there may be short-term profit-taking pressure. It’s not advisable to chase highs; wait for a pullback to support levels for entry. Also, closely monitor the changes in moving averages and MACD. If a death cross or weakening momentum signals appear, adjust your position accordingly.