Ethereum's recent correction has provided many entry opportunities. For those who went long around 3200 yesterday, if the price quickly breaks below, they should add positions around 3150. For those eager to open positions at 3200, it is crucial to complete their positions around 3150 tonight. This way, the average cost should be comfortably around 3170. Set the stop loss at 3100 or 3090, and you'll be fairly safe.
From the current market situation, 3125 should be the bottom for this stage. The long leverage positions are almost cleared, which is a positive sign. There's no need to be too aggressive in the short term; just patiently hold and observe, and wait to see the strength of the subsequent rebound before making the next move.
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ser_ngmi
· 8h ago
3150 hasn't broken yet, still hesitating there, making me sleepy while waiting.
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MysteryBoxOpener
· 01-08 02:34
3150 hasn't been broken, so I won't add more. Feels a bit uncertain.
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CrashHotline
· 01-08 01:52
3150 is really the key level. I didn't dare to act yesterday and was still watching...
Breaking 3125 basically confirms the bottom, and this time the leverage clearing was quite thorough.
Wait, are you all really at a 3170 cost? I feel like I acted too late, haha.
After the longs are cleared, do you still dare to be aggressive? I'm afraid of being hammered down repeatedly.
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CryptoMotivator
· 01-08 01:49
The 3150 level is really an excellent opportunity. I have already added to my position there, and after averaging down, my mindset feels much more comfortable.
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OnChain_Detective
· 01-08 01:43
ngl the liquidation cascade data i'm seeing is sus... those "cleared leverage positions" sound like typical pre-pump manipulation patterns tbh. let me pull the wallets on this bounce before anyone fomo's in hard fr
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GateUser-cff9c776
· 01-08 01:39
3170 this average price is indeed outstanding, perfectly illustrating the cost aesthetics in the philosophy of a bear market.
Wait, does anyone really believe in this "bottom position won't move"? Schrödinger's bottom, huh.
By the way, this wave of retracement, from the perspective of supply and demand curves, is quite interesting. The long positions being cleared are almost like inventory clearance before an art auction.
Breaking 3125 doesn't matter, anyway I've already gone all in. Bubbles are also a part of art.
The phrase "patience holding" sounds so light, but try to see who can really resist moving when bouncing between 3150?
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RamenDeFiSurvivor
· 01-08 01:35
3150 didn't hold, I saw it coming a long time ago. This time, we'll wait to see the rebound strength.
Ethereum's recent correction has provided many entry opportunities. For those who went long around 3200 yesterday, if the price quickly breaks below, they should add positions around 3150. For those eager to open positions at 3200, it is crucial to complete their positions around 3150 tonight. This way, the average cost should be comfortably around 3170. Set the stop loss at 3100 or 3090, and you'll be fairly safe.
From the current market situation, 3125 should be the bottom for this stage. The long leverage positions are almost cleared, which is a positive sign. There's no need to be too aggressive in the short term; just patiently hold and observe, and wait to see the strength of the subsequent rebound before making the next move.