2025-12-09 13:32:18

ETH’s rebound just won’t stop—looks like it’s about to break through 3100, and the bullish trend is getting stronger.

What’s the most frustrating part? Watching the paper profits slowly slip away, it’s really messing with my mindset!

US employment data is out, and the number of new jobs has declined. Now the Fed will really have to think carefully at the December FOMC meeting. Rate cuts? Right now, it’s looking pretty likely.

I’m really torn—should I close my long positions? If I do, going short here doesn’t feel right either. If I keep holding? I’m afraid I’ll give back all my profits.

Sigh, trading really tests your nerves.

ETH-4.49%

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ZenChainWalker

· 12-11 09:37

Breaking through 3100, to be honest, I don't really believe it. I've seen too many rebound headwinds, and unrealized profits on paper are just illusions. The fundamental issue of whether it's going up or down ultimately comes down to greed—everyone wants to eat the last piece of meat. The anticipation of interest rate cuts has been exaggerated a bit; the Federal Reserve still has a long way to go before really taking action.

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GasDevourer

· 12-09 13:59

Whether 3100 will be broken still depends on what the Fed does. I bet the probability of a rate cut is high.

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MEVictim

· 12-09 13:57

3100 has dropped back again, this rebound is really messing with me. Watching my unrealized profits shrink day by day, I'm just dumbfounded. As soon as the rate cut expectations come out, the bears can't sit still, this timing is just insane. I can't close the position, bro. Every time I close, it bounces back. This is the curse of trading. Long or short, I'm losing either way. I'm really laying all my cards on the table.

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SpeakWithHatOn

· 12-09 13:41

I totally understand the breaking point of this mindset—watching profits slip away feels as painful as having your heart ripped out. Whether to close the position or not is really an issue. I think it's crucial to hold steady at the key 3100 level; being greedy is more likely to get you dumped on.

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BoredWatcher

· 12-09 13:35

In my opinion, this is just gambler's mentality, the consequence of greed. If you have to give back some profit, so be it—no need to get hung up on it, it’s all just numbers anyway. If 3100 really breaks, there will be plenty more opportunities ahead. Don’t get fooled by a momentary candlestick. To be honest, execution is what matters most at times like this. Whether you close or hold, just pick one and stick with it. As for the Fed cutting rates, instead of guessing, it’s better to wait until the dust settles. Discussing it now is pointless.

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