2026-01-06 01:24:36

Ethereum's recent trend shows a state of bullish and bearish indecision. From the chart, yesterday's market movement was oscillating as expected—initially thought to break through new highs directly or enter a sideways phase to short later, but the price fluctuated between these two possibilities.

Currently, the technical indicators have formed a clear short signal. A short position has been established at the 3249 level, with a stop-loss set at the new high. If entering a short at this price, the risk is relatively controllable; if the price breaks through the new high, the stop-loss will be triggered to exit.

For bullish traders, it is recommended to wait until the price stabilizes at the support level before considering going long, which will improve the win rate. The overall approach is to position at points with higher certainty rather than blindly chasing highs.

ETH1,33%

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GateUser-3824aa38

· 01-09 01:24

It's another stalemate situation, so frustrating. When will there be some real action? 3249 shorts sound good, but I'm worried about a sudden sharp rally, and then I'll get hit with a stop-loss. Bullish friends, take it easy. Wait until the support level holds before acting, don't get smashed down. When will this sideways movement end? I'm really tired.

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HappyToBeDumped

· 01-09 01:24

3249 is indeed a risky point, but I still think this fluctuation is too strange.

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SmartContractPhobia

· 01-08 10:27

Again at 3249? Feels like this level has been mentioned a hundred times already. Can it really be broken?

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ApyWhisperer

· 01-06 01:54

Oh no, it's another choppy market... really frustrating, just not giving you clear signals. These 3249 short positions look okay, but I'm worried about a sudden V-shaped reversal knocking us out. But on the other hand, I agree with the idea of waiting for support to stabilize before chasing higher; blindly chasing after gains is just giving away money.

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ThesisInvestor

· 01-06 01:52

Here we go again with this set? Every time you say there's high certainty, but then you turn around and hit a stop loss. I'm tired of it.

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BrokenYield

· 01-06 01:49

nah this sideways chop is exactly where retail gets liquidated lmao. 3249 short seems textbook until it isn't—seen this play blow up a thousand times before.

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PumpStrategist

· 01-06 01:44

3249 this level is indeed interesting. The chip distribution shows a clear advantage for the bears, but don’t ask me why some people are still chasing the high. --- Bull and bear are at a standstill? Basically, it means no clear direction. For those still risking everything at this point, I can only say your courage is commendable. --- Setting stop-loss at the new high, I agree with this approach. The problem is that most people don’t even understand the concept of stop-loss. --- Seeing so many people blindly buying long positions is honestly a bit funny. The support levels haven’t even stabilized yet. --- The pattern has formed, but how many can actually rationally short at 3249? Out of ten, I’d say nine are likely to lose money. --- This market movement is essentially testing whose mindset is stronger, not how precise the technical analysis is. --- Probabilistic strategies are good, but unfortunately most people don’t understand them and still choose to gamble everything on a Hail Mary.

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BankruptWorker

· 01-06 01:32

It's another stalemate, really frustrating. When will we finally see a clear and decisive direction?

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GasFeeBeggar

· 01-06 01:27

Still fluctuating, so annoying. Wait until the support stabilizes before acting.

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