After liquidating 90% of profit positions, Ethereum's price indeed retreated to around 3100. Interestingly, it did not stop there—instead, it chose to add to its position. The initial opening price was gradually lowered from 3134 to 3103, with a clear goal: as long as it can hold above 3100, it’s stable. This strategy of increasing positions at key support levels, compared to the trends of mainstream cryptocurrencies like Bitcoin and Solana, reflects a cautious optimism among market participants regarding recent market conditions. The more stable the price support level, the higher the probability of subsequent upward movement.

ETH2,62%
BTC1,99%
SOL0,63%
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
  • 5
  • Repost
  • Share
Comment
0/400
BlockchainWorkervip
· 14h ago
Holding 3100 is really stable now. This round of increased position is a bit aggressive.
View OriginalReply0
LightningAllInHerovip
· 14h ago
Hold the 3100 line, this is the signal.
View OriginalReply0
StakeWhisperervip
· 14h ago
3100 is really a cursed level; whether to add more depends on if we can hold this position.
View OriginalReply0
UncleWhalevip
· 15h ago
The 3100 level needs to hold, otherwise we'll have to start over again.
View OriginalReply0
SignatureLiquidatorvip
· 15h ago
If 3100 can't hold, the rebound is just a bear trap.
View OriginalReply0
  • Pin

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