Regarding the recent trend of Ethereum, I want to share a few points:
After midnight on the 29th, this wave of consolidation has basically come to an end. The entire last week was actually a gradual rise amid repeated fluctuations.
The current focus is on the price range of 3170 to 3180. There is indeed resistance at the daily chart level, but honestly, this resistance level is very likely to be broken upward at some point this week.
The bigger breakout target remains at 3446. This judgment has not changed. If the market accelerates upward and breaks through, be sure to take profits in time and don't be greedy.
In the short term, if you still want to short, you need to be extra cautious in the next two weeks. The market rhythm is changing, and so are the risks.
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MetaverseLandlord
· 01-05 01:53
3170 has it been broken through yet? Feels like it's been stuck here all along
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It's 3446 again, can it break this time? How many times have I said this before
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I'm not shorting anymore, the risk is indeed changing. Let's wait for the take-profit opportunity
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Greed is right, last time I didn't cut my position in time and lost a lot
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Is there really an 80% chance of breaking this week? I feel uncertain
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So after the 29th, it'll be stable? Why am I still swinging in the oscillation
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Not touching shorts within two weeks, that's a good suggestion. Let's make steady profits
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VirtualRichDream
· 01-05 01:51
3170 to 3180, is it an 80% chance of breaking through? Bro, your confidence is really strong. I'll just watch quietly.
Wait, if 3446 can really push through, I need to prepare an exit plan in advance.
Shorting these past two weeks has truly been asking for death. I advise everyone to be cautious.
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POAPlectionist
· 01-05 01:45
3170 this level has to wait again, but I feel like this time it's really broken through. Don't ask me how I know
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Taking profits is easy to say, but how many people can hold back at critical moments
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Shorting within two weeks is asking for death, I'm not that stupid
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3446 is not a dream, it's just a matter of time
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After consolidation, another round begins. This market is really exhausting
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I bet five dollars on breaking through the resistance level. Is anyone following?
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Greed is a bad habit, it needs to be cured
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The rhythm has changed, and the risks have changed too. There's no doubt about that
View OriginalReply0
OnchainGossiper
· 01-05 01:34
Has 3170 been broken? Maybe I should just go all in at 3446.
No, no, no. The number 3446 sounds a bit fake. Can we first stabilize and break through 3180?
Brothers shorting, you really need to be cautious these two weeks. I always feel this time might be different.
Wait, is the consolidation really over? Or is there another wave of trap longs coming?
Take profit, take profit. Easier said than done. Who doesn't want to eat up to 3446 in one bite?
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SnapshotBot
· 01-05 01:27
3170 that hurdle should have been broken long ago, let's see if this week can give a satisfying result
According to your logic, 3446 is the real test, right?
The guys who are shorting should wake up now; these past two weeks haven't been very friendly
That previous wave of volatility was actually just absorbing the chips, I didn't move much
Taking profits is easy to talk about, but when greed kicks in... hey
The rhythm has changed, and so has the risk; this sentence hits the point
If it breaks through, remember to reduce your position; don't go all in here
Regarding the recent trend of Ethereum, I want to share a few points:
After midnight on the 29th, this wave of consolidation has basically come to an end. The entire last week was actually a gradual rise amid repeated fluctuations.
The current focus is on the price range of 3170 to 3180. There is indeed resistance at the daily chart level, but honestly, this resistance level is very likely to be broken upward at some point this week.
The bigger breakout target remains at 3446. This judgment has not changed. If the market accelerates upward and breaks through, be sure to take profits in time and don't be greedy.
In the short term, if you still want to short, you need to be extra cautious in the next two weeks. The market rhythm is changing, and so are the risks.