The early session was a harsh lesson taught by Ethereum. The U position woke up to find it completely evaporated; this drop was really unexpected. I was still thinking it might continue to oscillate at the bottom, but instead it just plummeted like a waterfall. Now I just want to complain: Ethereum, at least give us a rebound?



Since the bulls are already like this, is there any need to consider joining the bears? Or should we buy the dip against the trend at this point? Looking at Bitcoin's movement, there doesn't seem to be any particularly stable signals. The market sentiment flipped so quickly, it feels like both risk and opportunity are right in front of us—it's all about who can hold steady.
ETH-3%
BTC-1.39%
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
VitalikFanboy42vip
· 9h ago
Damn, got cut again. I really didn't see this coming this time. Is it better to buy the dip or short? I've been looking at the market chart for a long time and I'm still confused. Ethereum really plays with people, directly breaking through the support level. But on the other hand, the more it drops, the more I want to buy the dip, just afraid of catching it halfway up the mountain. Bitcoin can't even rally, it feels like the whole market is waiting for some signal.
View OriginalReply0
StablecoinArbitrageurvip
· 01-06 12:46
actually, the correlation breakdown between eth and btc just hit a 14-day low—classic liquidity pool cascade. you're not reading the signal correctly if you're still thinking binary long/short here.
Reply0
GweiTooHighvip
· 01-05 02:58
Ethereum's recent move is really fierce. I can't tell whether to buy the dip or go short anymore. When the bulls are dead, it's time to accept it. Don't keep fussing over it. A waterfall decline happens like this; there's no point in expecting a rebound. The market turns on a dime faster than flipping a page. The one who stays steady wins. Should I take a gamble at this level or wait? I'm also confused.
View OriginalReply0
CommunityJanitorvip
· 01-05 02:56
Sold, sold, the rebound is fake. This time it's really going to break the bottom. The bears are eating meat, the bulls are eating dirt. What are you hesitating for? Bottom fishing? You're probably trying to catch the top, haha. The market turns so quickly, it feels like no one has figured it out. If you don't understand, just short. Anyway, losing is losing. Better to lie flat. There are indeed no signals this wave, feeling a bit anxious, brother. Bottom oscillation? Uh... that illusion is long gone.
View OriginalReply0
tokenomics_truthervip
· 01-05 02:55
Bottom fishing? Bro, I advise you to be cautious. There still seems to be room for this wave to come down. Bearish? Not really, wait for a rebound signal. That sharp drop this morning was really intense. With Bitcoin so weak, how can I dare to buy the dip? Market sentiment can change instantly. I'm still on the sidelines. The pace of this move is too fast. Whoever can stay steady will win.
View OriginalReply0
FarmHoppervip
· 01-05 02:52
Waking up to being smashed to the ground, this must be the daily life of Web3. Shorts have to gamble on bottom-fishing, better wait for a clear signal before acting. Ethereum really has no temper this time, not even giving a rebound.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)