Ethereum's performance yesterday once again confirmed its characteristic of being more prone to large fluctuations compared to Bitcoin. The price reached a high of 3308 but faced significant resistance around the 3217-3250 short-sell zone. During the rebound, many traders might have found it difficult to withstand the volatility, and ultimately the market retraced to around 3180, a decline of nearly 40 dollars.
This is the nature of ETH—its volatility often exceeds expectations. To profit in such a market, two key points are essential: first, correctly judging the main trend without errors; second, having a clear understanding of the potential fluctuation range. At the same price level, different entry timings and varying estimates of subsequent volatility can lead to completely different outcomes.
Many people learn the hard way—technical analysis requires continuous practice to truly master the judgment of direction and entry points.
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GateUser-a606bf0c
· 01-10 01:57
ETH this move really impressed me; I lost 40 bucks just like that.
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PriceOracleFairy
· 01-08 17:30
eth volatility is literally just market entropy doing its thing... 40 dollar swings? rookie numbers when you understand the liquidity dynamics at play here
Reply0
BearMarketSurvivor
· 01-07 08:53
A 40-point fluctuation is like playing around; the key is still poor position management.
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DEXRobinHood
· 01-07 03:55
Here we go again, ETH's temper is really something else, sometimes pumping and sometimes dumping.
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AirdropHarvester
· 01-07 03:55
Another $40 drop, this ETH is really incredible. You must have a strong heart to play with it.
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GasOptimizer
· 01-07 03:49
It's that ETH thing again. A $40 fluctuation can shake out how many people?
Ethereum's performance yesterday once again confirmed its characteristic of being more prone to large fluctuations compared to Bitcoin. The price reached a high of 3308 but faced significant resistance around the 3217-3250 short-sell zone. During the rebound, many traders might have found it difficult to withstand the volatility, and ultimately the market retraced to around 3180, a decline of nearly 40 dollars.
This is the nature of ETH—its volatility often exceeds expectations. To profit in such a market, two key points are essential: first, correctly judging the main trend without errors; second, having a clear understanding of the potential fluctuation range. At the same price level, different entry timings and varying estimates of subsequent volatility can lead to completely different outcomes.
Many people learn the hard way—technical analysis requires continuous practice to truly master the judgment of direction and entry points.