#BTC资金流动性 Ethereum Weekly Review: Bears Dominate, Sentiment Continues to Be Suppressed
The long-term short strategy suggested last week has proven to be effective, dropping over 400 points. The overall market atmosphere remains gloomy, with no signs of a rebound. This week, we will continue to plan according to the rhythm of shorting at high positions.
Looking at the four-hour candlestick chart, Ether is currently in a consolidation phase of a converging triangle, with the range of fluctuations continuously compressing. This is the accumulation phase before the market makes a decision - neither up nor down, just stuck like this.
The MACD volume bars have been shrinking here, with both lines positioned below zero, maintaining a bearish arrangement. Although the momentum isn't as fierce as before, the overall trend is still downward.
In terms of strategy, entering a short position can be done if Ether rebounds around 3050 and 3120. If it rebounds to 3170, another position can be added. The stop loss is set around 3210, with the initial target at 2850 and the final target at 2770.
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MEVSandwich
· 3h ago
Short positions are stuck again, it feels like the market is not moving at all, when will this consolidation break?
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RetiredMiner
· 6h ago
Well, I think entering a short position at 3050 is a bit risky, especially since it fell so hard last week; Large Investors might be in a phase of Accumulation right now.
Ether feels like it's really stuck this week, not rising or falling, which is quite annoying.
The MACD being below zero doesn't look good, but the 2770 support level seems a bit precarious; if it reaches 2850, I'll be quietly happy.
Last week, the short position was right by 400 points, not bad, let's keep this pace, my friend. However, be cautious about Margin Replenishment if it rebounds to 3170.
Now we just wait for it to pick a direction; as long as this triangle doesn't break, it will remain a trap.
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LiquidationTherapist
· 6h ago
The triangle consolidation is so tight, has this wave of shorts bottomed out? I feel a bit anxious.
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LiquidityWitch
· 6h ago
The short positions are so obvious, the MACD has spread out, what are we waiting for if not for Margin Replenishment?
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FloorPriceWatcher
· 6h ago
Stuck again, really annoying. I said long ago that it's time for the bears to feast, let's see who can hold out until 2770.
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GateUser-44a00d6c
· 6h ago
They predicted the drop of over 400 points, are they going to short to 2770 this time? It feels a bit uncertain.
#BTC资金流动性 Ethereum Weekly Review: Bears Dominate, Sentiment Continues to Be Suppressed
The long-term short strategy suggested last week has proven to be effective, dropping over 400 points. The overall market atmosphere remains gloomy, with no signs of a rebound. This week, we will continue to plan according to the rhythm of shorting at high positions.
Looking at the four-hour candlestick chart, Ether is currently in a consolidation phase of a converging triangle, with the range of fluctuations continuously compressing. This is the accumulation phase before the market makes a decision - neither up nor down, just stuck like this.
The MACD volume bars have been shrinking here, with both lines positioned below zero, maintaining a bearish arrangement. Although the momentum isn't as fierce as before, the overall trend is still downward.
In terms of strategy, entering a short position can be done if Ether rebounds around 3050 and 3120. If it rebounds to 3170, another position can be added. The stop loss is set around 3210, with the initial target at 2850 and the final target at 2770.
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