ETH is neither up nor down, don't be cannon fodder; patience is the "Treasure Pot"
Currently, ETH is just a tormenting "big cage," with a high-pressure top at 3170 and a support bottom at 3050, with the main force kicking the price around like a ball.
The purpose is clear: to shake out impatient retail investors, slap them back and forth until you cut your losses and exit! And the 3100 level is a bloody meat grinder!
Stuck in the middle of the box, unable to reach the resistance above, unable to find support below, at this point, jumping in is purely a gamble on size; winning depends on luck, losing is well-deserved. Those opening positions halfway up the mountain, their bodies have long piled up!
Looking at last night's rebound, it was simply a soft shrimp move. From bouncing up from 3061, it looked lively, but the volume was completely dead throughout. The bulls barely held the bottom line, with no strength to counterattack. As long as it doesn't break through 3170, this breath will eventually be released!
My conclusion is simple and straightforward: Oscillations are biased bearish, high positions are king, and the middle zone should not be touched! In a volatile market, whoever moves first dies first. We want to be the most patient hunters, only targeting the most probable "ceiling" routes!
High positions! Wait for the rebound to be in place before acting; for now, just watch the show.
Ambush point (: 3135-3145 (hit this directly, no hesitation) Defense position ): 3185 (once stabilized, trend reversal, admit defeat and don't hard hold) Target (: 3065, bottom of the box, falling below 3000 is not a dream ) market
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ETH is neither up nor down, don't be cannon fodder; patience is the "Treasure Pot"
Currently, ETH is just a tormenting "big cage," with a high-pressure top at 3170 and a support bottom at 3050, with the main force kicking the price around like a ball.
The purpose is clear: to shake out impatient retail investors, slap them back and forth until you cut your losses and exit! And the 3100 level is a bloody meat grinder!
Stuck in the middle of the box, unable to reach the resistance above, unable to find support below, at this point, jumping in is purely a gamble on size; winning depends on luck, losing is well-deserved. Those opening positions halfway up the mountain, their bodies have long piled up!
Looking at last night's rebound, it was simply a soft shrimp move.
From bouncing up from 3061, it looked lively, but the volume was completely dead throughout. The bulls barely held the bottom line, with no strength to counterattack. As long as it doesn't break through 3170, this breath will eventually be released!
My conclusion is simple and straightforward:
Oscillations are biased bearish, high positions are king, and the middle zone should not be touched!
In a volatile market, whoever moves first dies first. We want to be the most patient hunters, only targeting the most probable "ceiling" routes!
High positions! Wait for the rebound to be in place before acting; for now, just watch the show.
Ambush point (: 3135-3145 (hit this directly, no hesitation)
Defense position ): 3185 (once stabilized, trend reversal, admit defeat and don't hard hold)
Target (: 3065, bottom of the box, falling below 3000 is not a dream ) market