Good morning everyone. Regarding today's ETH trend, focus on the resistance line at 3140. Once it breaks through, there could be subsequent momentum. Looking downward, the 2910 to 2980 range is a relatively solid support. If it drops, it should bounce off here.
Based on the current market situation, the bears still have relatively strong momentum. In the short term, it's a bit unlikely for the bulls to turn things around. Therefore, the trading strategy mainly involves shorting on rallies; consider opening short positions each time the price rises. In other words, look for bearish signals at high levels and wait for a pullback before considering other actions.
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LiquidityWhisperer
· 3h ago
The bears are so aggressive. Going short at high levels on "Iron Blood Warrior" is definitely the way to go. Waiting for a pullback to get in again seems fine to me.
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LostBetweenChains
· 16h ago
The bears are so fierce, I still want to buy the dip haha
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Breaking 3140 feels like a sign of consolidation
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Shorting on rallies sounds simple, but in practice, it's easy to get trapped
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Can this support hold? It feels a bit risky
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Short positions at high levels? Looking at 3140, I want to go all-in long
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If the 2910 line breaks too, how far down will it go?
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The bears are strong but it seems like it can't rise anymore. Who will win?
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It's another attempt to short on rallies. Why do I always buy at the top?
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Is the breakout of the resistance line likely? Or is continued consolidation more realistic?
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CodeSmellHunter
· 12-13 04:40
The bears are so fierce, I still need to hold the 2980 line. Once it breaks, I have to run.
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SeeYouInFourYears
· 12-13 04:33
The bears are still eating chicken; the bulls will have to wait a bit longer.
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GasFeeTherapist
· 12-13 04:27
The bears are so strong, you should have already bought the dip. Why are you still shorting at high levels?
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GasFeeCry
· 12-13 04:16
Here we go with the bearish rhetoric again. Every time you say that, but what’s the result?
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ApeWithNoChain
· 12-13 04:14
The bears are so strong, it feels like 3140 won't be broken at all. Maybe it's better to wait patiently for a pullback.
Good morning everyone. Regarding today's ETH trend, focus on the resistance line at 3140. Once it breaks through, there could be subsequent momentum. Looking downward, the 2910 to 2980 range is a relatively solid support. If it drops, it should bounce off here.
Based on the current market situation, the bears still have relatively strong momentum. In the short term, it's a bit unlikely for the bulls to turn things around. Therefore, the trading strategy mainly involves shorting on rallies; consider opening short positions each time the price rises. In other words, look for bearish signals at high levels and wait for a pullback before considering other actions.