#数字货币市场回升 ETH fell more than 200 points in a single day, how should we respond to long orders above 3000?

This morning, the Ethereum hourly chart plummeted straight from 3040 to 2805, a nearly 8% one-sided decline. According to on-chain data, the total liquidation amount across the network in the past 24 hours has exceeded 640 million USD, with long orders accounting for nearly 90% — this is no longer a technical correction, but a typical long order liquidation.

The current trend has weakened, and the price is still in the process of seeking a bottom, with the possibility of continuing to drop to around 2700 not being ruled out. If you are still holding long orders above 3000 at this time without any hedging, the risk exposure is extremely high.

Here are a few processing ideas for your reference:
For those with heavy positions, it may be considered to reduce part of the position when rebounding to the 2840-2860 range, while opening an equal amount of short orders for hedging and locking losses; for those with light positions that are stuck, it is possible to gradually lay out below 2750 to lower the holding cost. The core principle is: don't stubbornly hold on; adjust the strategy immediately if the trend is not favorable.

The market does not give affection; surviving is more important than bottom fishing. Regardless of long or short, risk control is always the top priority.

ETH-7.11%

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Blockblind

· 5h ago

It's a stampede again, this time over 90% long positions are really done for.

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SatoshiHeir

· 7h ago

It should be noted that this wave of liquidation data precisely validates the on-chain behavioral model I argued last year — 90% long positions being liquidated is essentially a manifestation of collective irrationality, which is hardly worth mentioning. The phrase "surviving is more important than buying the dip" needs to be elevated: this is not only a risk control philosophy, but also a betrayal of Satoshi Nakamoto's original intention of decentralization — you are playing with leverage on the exchange, which has long deviated from the fundamental logic of holding coins. The psychological barrier of 3000 will be tested repeatedly, but I predict it won't hold up for more than two times.

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OnchainHolmes