Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

#ETH巨鲸增持 The recent trend of Ethereum has finally broken the key support.



After watching the market for several days, the bottom support level of ETH that has been repeatedly tested has completely been broken. The emergence of such a technical pattern often indicates that the downside potential has been opened. The current situation is very suitable for establishing short positions — the target can be seen in the 2800 area, where there may be resistance formed by the previous dense trading area.

Of course, risk control must be done well. It is advisable to set stop-loss near the previous highs to avoid being trapped during a market reversal. When market sentiment cools down, it is wiser to follow the trend rather than resist it.
ETH-9.8%
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
StablecoinGuardianvip
· 15h ago
The short positions trap is here again, 2800? I think it's unlikely. Last time when this was shouted, ETH rebounded by 500 bucks, it was crazy.
View OriginalReply0
CryptoTarotReadervip
· 15h ago
Again and again it has broken support, is it really not going to rebound this time? --- 2800 is in sight, making sure to set a stop loss is more important than anything else --- I've been watching the market for half a day, feeling exhausted, just waiting for a reversal to save me --- Going with the trend of short positions is indeed comfortable, but I'm afraid it’s just another false breakout --- Every time I say this is the bottom, I no longer believe it --- Proper risk control is the way to go, those who are greedy have gone to feed the Whale --- It’s normal for support to collapse, the key is whether we can hold 2800 --- What if this wave rebounds and slaps us in the face again --- Short positions are betting on it, anyway, the losses won't be too much --- Can the dense trading area really hold up? It feels like it will pierce straight through.
View OriginalReply0
PerpetualLongervip
· 15h ago
Support has collapsed? Guys, this is the last buying dip opportunity. I have increased the position to full position, and my faith in ETH is still strong.
View OriginalReply0
TokenomicsDetectivevip
· 15h ago
I don't know if this wave can fall to 2800... It feels like it's going to rebound again?
View OriginalReply0
VirtualRichDreamvip
· 15h ago
Another "support has collapsed", is this real this time? I see the short positions have been waiting crazy for a long time.
View OriginalReply0
TokenomicsShamanvip
· 15h ago
The support has collapsed again, but we all know this trap... we'll have to go through it again next time.
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)