Based on the current trend, ETH is in a medium-high risk stage, and a bearish pattern has initially been established. However, don't rush to short aggressively—oversold rebounds can occur at any time, so pay attention to the strength of this rebound.



The best entry point for shorting is in the 3180 to 3210 range. The key is to wait for technical signals to confirm, such as a long upper shadow or a bearish engulfing pattern on the hourly chart. At that point, you can gradually build short positions. If you chase a counter-trend rebound with a long position, the risk is higher, unless the price strongly volume-raises and recovers the 3230 level, in which case hard bottom-fishing is not recommended.

If you really want to buy on the rebound, you need to be more cautious. Only two situations are relatively safe: one is waiting for the price to fall to the strong support zone of 3080 to 3100, accompanied by bottoming signals like decreasing volume and long lower shadows; the other is waiting for ETH to firmly break above 3230. This contrarian long attempt should be small in size, with quick in and out as the principle.

For risk control, set the stop-loss for shorts above the closing price of the entry candlestick exceeding 3230. For longs, set the stop-loss 1.5%-2% below the entry price. Regarding targets, the first target for shorts is 3100, and the second is 3050. For long rebounds, short-term targets are around 3200, and once reached, take profits immediately.

Ultimately, the market is too volatile, and any analysis is just a reference. The real decision-making power is in your hands. Before trading, you must have your own judgment and risk plan—don't be blinded by market temptations.
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ColdWalletGuardianvip
· 01-10 23:42
Let's wait at 3180 to 3210, don't rush to take action. Really, those who want to chase after the rebound are just cannon fodder. Entering in batches without confirmation of a bearish signal makes this move troublesome to profit from. Wait for the 3080 to bottom out or for the 3230 breakout; otherwise, there's no need to force it. Stop-loss must be strict, with a 1.5 to 2 point stop, don't be soft. This market is really brain-burning, no one is confident, better to stay cautious.
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SchrodingerPrivateKeyvip
· 01-10 15:05
3230 is really a bottleneck position. If it can't break through, we still have to keep the position empty. Wait, can it really stop at 3100? I'm a bit skeptical. The strength of the rebound is the key. If it can't push higher this time, I'll sell immediately. People who quickly exit with small positions are still alive; those who are greedy have probably already been wiped out. Entering short positions between 3180-3210 is a bit too greedy. I'll wait for more clear signals before acting. Don't fight the market; just set your stop-loss and watch the rest unfold according to fate. In this kind of market, anything can happen. It sounds very reasonable, but not many people can execute it.
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GasFeeCriervip
· 01-08 01:57
The 3180-3210 level is indeed interesting; it depends on the signals from the hourly chart. Is a bearish pattern initially forming? How strong this rebound can be is the key. Waiting for the signal of a break below 3230; otherwise, it's better to stay on the sidelines. I need to pay attention to the support at 3100; otherwise, I wouldn't dare to try small positions and test the waters. That's right, in the end, it still depends on your own judgment. Don't follow the herd. This round of correction has been so intense; risk control really needs to be done to the death. The target at 3050 feels a bit uncertain; the rebound strength might be even stronger. Those trying to bottom fish might suffer losses this time, unless it really breaks above 3230. Quick in and out is the right approach; this is how the rebound market is played. Let's see how the technicals perform; as soon as a long upper shadow or engulfing pattern appears, it's time to act.
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RektButAlivevip
· 01-08 01:53
Is 3180-3210 really the sniper point? I find the strength of this rebound a bit suspicious. Bearish pattern? Wait, if 3230 really holds steady, what then? It all sounds right, but during actual trading, I always feel something's off. Talking about quick entries and exits with small positions is easy, but I always end up overleveraging. Is the 3100 bottom signal really reliable? Feels like I've been fooled every time. Even the best analysis is just armchair strategizing; will the market really move as you expect? A stop-loss of 1.5%-2%—damn, it just gets wiped out instantly. Is this bearish trend really the real deal, or is it just another round of reverse trap?
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GateUser-c799715cvip
· 01-08 01:42
3180-3210 short entry points are good, just worried about a too-strong rebound. Wait, can this really drop to 3050? Feels a bit uncertain. It's also "just for reference," saying it doesn't really mean anything haha. The 3230 level is a bit critical; if broken, the plan needs to be changed. I've heard countless times to trade lightly and quickly in and out, but in real operations, I still get caught.
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