#以太坊行情解读 I have established a short position at this level.



ETH's recent movement is worth pondering. From a technical perspective, Ethereum has repeatedly faced resistance at key levels, and trading volume has started to decline. These signs often indicate that a short-term correction may be imminent.

Market sentiment is currently a bit loose—on-chain activity data of large holders is cooling down, which is usually a not-so-optimistic signal. Coupled with the macro environment, risk assets have indeed been under pressure lately.

So I took advantage of the rebound to open a short position at a relatively high level. The stop-loss is set at the recent high, not being greedy. If ETH really breaks down and moves lower, this position can capture a significant decline. If I’m wrong, it’s just the loss of the stop-loss setting, so the risk is manageable.

What does everyone think? Will ETH see a correction next, or continue to push higher?
ETH0.42%
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TrustlessMaximalistvip
· 13h ago
I also think so. The decline in trading volume is really a dangerous signal, but we still need to see whether it breaks or holds the 2800 level.
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LeverageAddictvip
· 21h ago
Damn, it's another bearish narrative. Is this wave really going to drop? I'm scared.
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SchrodingerWalletvip
· 21h ago
Whoa, another dump? I bet your short position is going to get trapped.
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MetaverseHomelessvip
· 21h ago
This wave of short positions is quite bold. I actually think the bottom hasn't been reached yet. I appreciate your cautious mindset on stop-losses, but as for the cooling off of on-chain data... I think sometimes it's just institutions shaking out positions, don't be fooled. I believe the probability of ETH breaking down is no more than 35%, but it still depends on the Federal Reserve's stance this week.
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MultiSigFailMastervip
· 21h ago
Ha, it's another shorting setup. Can we really catch the bottom this time? --- Setting such tight stop-losses, aren't you afraid of being wiped out? I played like that last time and got liquidated, haha. --- I also see the on-chain data cooling down, but it feels like every time it says that, ETH still rises. Is it real or fake? --- I feel like you're just doing the last trap before bottoming out. --- Repeated resistance at the resistance level is indeed interesting, but I bet it will break through. --- Breaking down to catch the decline sounds good, but the problem is it can't break through, haha. --- Controllable risk, right? I've thought the same, then I got exhausted from losses. --- Large coin-holding addresses are moving, I haven't seen that. Where did the data come from? --- Instead of stressing over a pullback or a rally, it's better to watch the Fed's moves tonight—that's the real killer move.
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WagmiOrRektvip
· 21h ago
Oh no, both short positions and stop-losses, you’ve got quite some guts, buddy. --- On-chain data cooling down, so you just open a short. If this wave reverses and breaks your stop-loss, what will you do? --- I think you’re overthinking it. ETH breaking down like that isn’t so easy. Anyway, I’m still holding. --- Seriously, when did you close your short? Seems like there’s a sign of rebound these past couple of days. --- You’re right, but I’ve heard the phrase “risk is controllable” too many times, and in the end, it’s always the people who get liquidated who say that. --- I kind of agree with your approach, but I really can’t see where the resistance level is from a technical perspective. --- Not greedy +1, this attitude is much better than those who go all-in and gamble. --- So, are you currently holding a position or have you already been wiped out? Just be honest.
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