#美SEC推动加密创新监管 Ethereum is currently in a situation where the bears have the upper hand.
You can tell just by looking at the market - the price has consecutively broken through multiple moving averages, and these moving averages present a typical bearish arrangement, descending like steps. Indicators like MACD and RSI are also resonating, all pointing in the same direction: short-term downward momentum remains strong. Market sentiment? Very gloomy. Want to see a decent rebound? Difficult. Unless we can truly break through those key resistance levels, the trend reversal is basically a wishful thinking.
The liquidation heat map hides more critical information.
Looking up, there are a dense accumulation of long stop-loss orders in the range of $2900 to $3000. This area is the short side's firepower network; once the price rebounds here, it will inevitably face fierce selling pressure. Want to break through? Almost impossible. But downward, in the range of $2700 to $2750, there are all short stop-loss orders. If the price really drops to this position, shorts may be forced to close their positions, which could trigger a technical rebound.
Stay alert during such times.
If you have positions, you might consider taking $2800 as a short-term observation line, flexibly adjusting based on the price's reaction to key resistance. Traders looking to short can wait for the price to rebound near $2900 and enter with a light position when the upward momentum weakens, but be sure to set a stop loss—this market shows no mercy. As for those looking to catch the bottom? That requires solid short-term skills and a strong risk control awareness. It's only worth lightly betting on a rebound after the price quickly drops to the 2700-2750 range and shows signs of stopping the decline. Remember, stop loss should always be the top priority.
$ETH This wave of movement tests not just judgment, but also discipline.
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LiquidityWitch
· 11h ago
With such a clear short positions arrangement, still want to buy the dip? That's just looking for death.
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Keep a close eye on this 2800 line; if it can't break through, we'll continue to sell down.
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Here comes another Technical Analysis master; see you at 2700, everyone.
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Have you set your stop loss? This time, there's really no mercy.
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The liquidation heatmap is so dense; a rebound is a joke.
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Is shorting 2900 really no problem? This wave feels a bit precarious.
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ETH really wants to experience 2700 before feeling satisfied, right?
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Discipline is easy to talk about; everyone forgets it when losing money.
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With such strong selling pressure at 2900, a rebound is also a futile effort.
View OriginalReply0
GateUser-66102fae
· 20h ago
Nice
View OriginalReply0
DarkPoolWatcher
· 12-01 07:21
Short positions are really tough to deal with, once 2800 breaks, it's time to run.
It's the same old story, moving averages alignment, MACD resonance, liquidation heatmap... explained in great detail, but the question is, how many people can really enter with a light position around 2900 without getting trapped? It's easier said than done.
This round of price drops feels like it's heading for 2700, short positions are inevitable.
Stop loss always comes first, this is true, but the execution is painful for everyone.
$ETH really tests human nature, those who follow the falling limit and keep smashing orders are true warriors.
View OriginalReply0
HodlVeteran
· 12-01 07:20
Oh no, it looks like 2800 is about to be a pit again, my veteran legs are getting soft
I see, this wave is just a standard sucker harvesting machine, long positions were cut clean at 2900. Last year I went all in like this, and I'm still paying off debts [self-deprecation]
If the price really drops to 2750, I’ll just take a light position, anyway, I've set my stop loss, worst case I’ll just lose again
By the way, the SEC’s regulation, why hasn’t it changed the market data yet, it’s just a pure decoration, right?
View OriginalReply0
CoconutWaterBoy
· 12-01 07:20
The short positions arrangement is so obvious, 2800 really has to be defended, if it breaks, it will head straight for 2700.
View OriginalReply0
EyeOfTheTokenStorm
· 12-01 07:19
Here we go again with this set of statements... If 2800 breaks, we will really see 2700 this time. "Stop loss is always the first priority"—I've heard this so many times. The question is, how many people can really stick to their stop loss?
View OriginalReply0
FlyingLeek
· 12-01 07:19
Short positions are going down all the way, and it's going to test 2800 again. Can it really hold above this time?
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It's the 2900 cut order zone again, every time there’s a rebound, it gets punished once. I’m fed up.
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I just want to know, if it really crashes to 2700, will anyone dare to buy in, or will it be calling daddy again?
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Stop loss is always the first priority. It's easy to say, but when you actually lose, who isn’t just shutting off the app and playing dead?
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Looking at this heatmap density, the bears are really about to da moon, the bulls are probably doomed this time.
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I’ll only consider a rebound at 2750 if it really comes, but right now it just looks like a pit.
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Discipline? Ha, my discipline has long scattered. Any suckers like me, speak up.
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This round of decline feels endless, 2700 might not even be the bottom.
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Those shorting have already set their sights at 2900, and a rebound just serves the meal, it’s painful.
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Actually, what’s most challenging is still the mentality, not the technical aspects.
View OriginalReply0
GasFeeCrier
· 12-01 07:15
The short positions are so obvious, the key position at 2800 must be defended.
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Another "must stop loss" textbook writing, but when it really comes to dumping, who isn't panicking?
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Those who dare to buy the dip around 2700-2750 must have several lives.
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With the moving average steps like this, a rebound to 2900 will directly serve you noodles.
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The liquidation heat map, to put it bluntly, is just the market maker's hunting map.
View OriginalReply0
ImaginaryWhale
· 12-01 07:00
The short positions are so obvious, 2800 is really a hurdle.
It's the same old script of stop loss hunters, harvesting repeatedly at these few price points.
Before buying the dip, you have to ask yourself if you can afford the loss.
#美SEC推动加密创新监管 Ethereum is currently in a situation where the bears have the upper hand.
You can tell just by looking at the market - the price has consecutively broken through multiple moving averages, and these moving averages present a typical bearish arrangement, descending like steps. Indicators like MACD and RSI are also resonating, all pointing in the same direction: short-term downward momentum remains strong. Market sentiment? Very gloomy. Want to see a decent rebound? Difficult. Unless we can truly break through those key resistance levels, the trend reversal is basically a wishful thinking.
The liquidation heat map hides more critical information.
Looking up, there are a dense accumulation of long stop-loss orders in the range of $2900 to $3000. This area is the short side's firepower network; once the price rebounds here, it will inevitably face fierce selling pressure. Want to break through? Almost impossible. But downward, in the range of $2700 to $2750, there are all short stop-loss orders. If the price really drops to this position, shorts may be forced to close their positions, which could trigger a technical rebound.
Stay alert during such times.
If you have positions, you might consider taking $2800 as a short-term observation line, flexibly adjusting based on the price's reaction to key resistance. Traders looking to short can wait for the price to rebound near $2900 and enter with a light position when the upward momentum weakens, but be sure to set a stop loss—this market shows no mercy. As for those looking to catch the bottom? That requires solid short-term skills and a strong risk control awareness. It's only worth lightly betting on a rebound after the price quickly drops to the 2700-2750 range and shows signs of stopping the decline. Remember, stop loss should always be the top priority.
$ETH This wave of movement tests not just judgment, but also discipline.