Ethereum's recent pullback presents a short-term opportunity to watch out for.
Currently, the price is fluctuating around 3168. I personally lean towards a bearish outlook. If you want to try shorting, consider using 20x leverage with 10% of your position size—don't go all-in. Set your stop-loss at 3193, roughly 20+ points away, and only risk what you can afford to lose before re-entering.
It's important to note that at the 3190 level, the buying volume has increased by 2.3, and this area is precisely a concentration zone of chips, likely to become a resistance level. If the price breaks through this level, don't hold on stubbornly—it's time to run.
Honestly, such exploratory operations at key levels are only suitable for small funds testing the waters and do not indicate a long-term trend. Heavy position players should not refer to this—risks are on your own.
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MEVSandwichVictim
· 18h ago
People who go all-in with 20x leverage probably don't have low blood pressure now, haha.
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CodeSmellHunter
· 19h ago
20x leverage with 10%? Bro, you're playing with fire. I got burned on that trap at 3190 last time. Bulls are blocking the door.
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SlowLearnerWang
· 19h ago
You're teaching me to short again. As someone who always chases highs and sells lows, I get itchy whenever I see 3190... I wish I knew how to use this "chip density zone" earlier.
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BlockImposter
· 19h ago
3190, this critical level really needs to be watched closely. The buying volume of 2.3 at the long entry is quite aggressive.
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ruggedNotShrugged
· 19h ago
3190 is indeed a hurdle, but I think this wave might have more room for a rebound than expected, and I'll end up being trapped again.
Ethereum's recent pullback presents a short-term opportunity to watch out for.
Currently, the price is fluctuating around 3168. I personally lean towards a bearish outlook. If you want to try shorting, consider using 20x leverage with 10% of your position size—don't go all-in. Set your stop-loss at 3193, roughly 20+ points away, and only risk what you can afford to lose before re-entering.
It's important to note that at the 3190 level, the buying volume has increased by 2.3, and this area is precisely a concentration zone of chips, likely to become a resistance level. If the price breaks through this level, don't hold on stubbornly—it's time to run.
Honestly, such exploratory operations at key levels are only suitable for small funds testing the waters and do not indicate a long-term trend. Heavy position players should not refer to this—risks are on your own.