Ethereum's current trend is basically a testing phase from earlier, and it's getting closer to breaking through to higher targets. The key question is—will 3658 be able to break free this week? The answer is yes, and there’s potential to gain 100-300 points in the market.
The main suspense now is whether Ethereum can hold steady above 4000. Honestly, breaking 5000 is almost unrealistic, but once it enters the 4000 range, the short positions will be crushed, and the selling pressure will follow.
Since the 1st, the market has already entered a slow bull phase. The primary task for market participants at this stage is to clear out short positions between 2600 and 3000, aiming to at least push the price up by 1000 points, and in the short term, see if it can rise above 3700. There’s a pattern—each day’s price is likely to surpass the previous day’s high, which effectively buries the short positions from the day before.
The subsequent scenario probably looks like this: the market will gradually clear all short positions below 3000 to 3300. Once this round of clearing is complete, a sharp breakout correction may occur. The trends of BTC and SOL are also worth watching, as they often provide key directional signals.
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SwapWhisperer
· 01-07 21:39
3658 to recover? Dream on, or wait until it stabilizes above 4000 before talking.
I believe in this slow bull rhythm, but I'm just worried it might be another scythe.
The most dangerous time is when the bears are buried, and the rebound trap is too deep.
100-300 points? I just want to see if it can truly stay above 4000.
If BTC drops again, everything is pointless; avoiding risk is the safest.
Clearing short positions below 3000? Feels like another wave of correction is coming.
4000 is the critical line; if it can't break through, it's a failure.
Is this slow bull really genuine, or just another pie in the sky? We'll see in two weeks.
Is it easy to stay above 4000? Always just a little short...
View OriginalReply0
ReverseTradingGuru
· 01-06 16:39
3658 to be unlocked? Just listen, don't really believe it
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4000 is the real watershed, don't even think about 5000
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This round of clearing short positions indeed depends on BTC's mood
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Slow bull? I feel like we're still in consolidation, let's wait until 3700
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Raising the high point every day to cover short positions? Been through this routine many times
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The key still depends on how SOL moves; if it drops sharply, everything's over
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100 to 300 points? That's about all the expectation for this week
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After stabilizing above 4000, another round of smashing through for a pullback, right?
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Saying 5000 is unrealistic is not wrong; being overly optimistic is the easiest way to get reversed
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Short positions from 2600 to 3000 have probably been cleared almost completely
View OriginalReply0
LiquidationAlert
· 01-06 16:39
Alright, it's the old trick of clearing short positions again. I just want to see if this time we can really hold steady at 4000.
This wave of ETH won't be that simple. There will definitely be repeated friction.
Breaking free at 3658? Sounds good, but I bet it can't break through 3700.
I believe in a slow bull market, but I'm just worried about a sudden sharp drop.
Starting with 100 points. Never mind, no more dreaming. Let's see how it goes.
Shorts liquidated? Haha, I think it's not that simple.
Pushing past the previous day's high every day—can this pattern be reliable? I'm a bit skeptical.
BTC and SOL are the real bosses; ETH just swings along.
4000 is the true acid test—nothing else compares.
A breakdown-style correction? That's the scene I've been waiting for.
Ethereum's current trend is basically a testing phase from earlier, and it's getting closer to breaking through to higher targets. The key question is—will 3658 be able to break free this week? The answer is yes, and there’s potential to gain 100-300 points in the market.
The main suspense now is whether Ethereum can hold steady above 4000. Honestly, breaking 5000 is almost unrealistic, but once it enters the 4000 range, the short positions will be crushed, and the selling pressure will follow.
Since the 1st, the market has already entered a slow bull phase. The primary task for market participants at this stage is to clear out short positions between 2600 and 3000, aiming to at least push the price up by 1000 points, and in the short term, see if it can rise above 3700. There’s a pattern—each day’s price is likely to surpass the previous day’s high, which effectively buries the short positions from the day before.
The subsequent scenario probably looks like this: the market will gradually clear all short positions below 3000 to 3300. Once this round of clearing is complete, a sharp breakout correction may occur. The trends of BTC and SOL are also worth watching, as they often provide key directional signals.