From the 4-hour chart, Ethereum's current bottom pattern is quite solid, and the strength of this rebound is indeed not weak. The support level of the triple bottom below still has some significance, but I think the resistance level at 3175 above is worth paying close attention to. Here, it might be a good idea to consider a short position, entering in batches is more reasonable, just a 3% position is enough, don't add more. If it breaks through 3280 later, just cut losses directly, no need to hesitate.



Solana's rebound pace is indeed a bit aggressive, but the more rapid the rebound, the easier it is to encounter problems, and it often falls even harder. Looking at the 4-hour chart, SOL may have already approached the high point of this cycle. Based on the trend structure, there are signs that it might form an M-top pattern. At such times, I prefer not to place limit orders and go directly for a market short at 138.5. Also, avoid adding to the position; if it breaks down to 142, cut losses and exit.
ETH-0,07%
SOL-0,44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
0xOverleveragedvip
· 14h ago
3175, take a quick shot, sell if it breaks 3280, don't be greedy. SOL's rebound is too fierce, beware of the M-head crashing down. A solid bottom, I don't believe it anyway. If 3175 can't be broken, it's going to liquidate. Breaking the level is a signal, simple and straightforward. Short at 138.5 on SOL, probably not a big problem? This round of rebound is indeed fierce, but those who bought at high levels are already regretting it. A triple bottom can't save it either, it still has to fall.
View OriginalReply0
FOMOSapienvip
· 20h ago
3175 this level is indeed interesting; the rebound is too sharp, be cautious.
View OriginalReply0
ProtocolRebelvip
· 01-09 11:01
3175 this level is really a hurdle; the rebound is too rapid and easy to get caught off guard. SOL is a bit fierce this time; the M-head pattern is indeed forming, break below 142 and run. Be cautious of the bears, don't be greedy. Triple bottom support is there, but 3280 might really be unsustainable. The rebound is sharp, but high-level short positions must stay disciplined. Can ETH hold steady this time? It feels a bit weak. If the SOL M-head pattern is confirmed, you’d better run for it, don’t wait. The bottom is solid, but the resistance level is the key to victory. Adding positions? Don’t even think about it, just keep your current stance. A fierce rebound doesn’t mean prices will go up; it’s often the last desperate struggle. If it goes above 3175, go short; don’t be soft on the stop-loss. Short directly at 138.5; this move needs to be well-timed. It looks like a top, feels like something’s about to go wrong.
View OriginalReply0
0xDreamChaservip
· 01-09 10:58
Whether to break the 3175 level or not is the key; I still don't dare to take action now.
View OriginalReply0
SmartMoneyWalletvip
· 01-09 10:57
3175 this resistance level is indeed interesting, but I'm more concerned about whether there is big money accumulating below... Is the bottom pattern solid and genuine? What do on-chain data say? Are whales heavily accumulating at this price? Feels like a typical trap to lure traders into buying. SOL's rebound has been too strong, the distribution of chips must be off. Once the head and shoulders pattern forms, it will drop straight down. Don't ask why—just look at the capital flow. Setting stop-loss at 3280 and 142? That's too loose. It's better not to enter at all. Instead of gambling, wait for on-chain data before taking action.
View OriginalReply0
StablecoinSkepticvip
· 01-09 10:34
3175 this level really can't hold, I bet it breaks SOL's surge is too fierce this time, feels like it's going to crash ETH bears are interesting, but I'm still watching 138.5 direct market price? Bold guy I usually don't trust things that rebound quickly
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt