Although Ethereum experienced a slight inflow supported by US stocks last night, it was essentially a false rebound. From the daily chart perspective, the key support levels have not been effectively stabilized, and bullish signals are insufficient. Based on various signals, Ethereum lacks upward momentum in the short term. Timely risk management is crucial—taking profits around the $9,000 level is a wise move, locking in gains and avoiding chasing the market.
Entering the morning trading session, Ethereum performed quite sluggishly, with long-term sideways consolidation and no signs of a rebound. In this context, it is logical to establish short positions around 2934. The current trend has already confirmed a downward trajectory, and profits are being realized continuously.
Such an opportunity is in front of you—continue to watch or take proactive action? The market always rewards traders who have good risk management plans. Discipline in taking profits and cutting losses often determines the final gains.
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NftBankruptcyClub
· 9h ago
Hearing the same rhetoric about a false rebound too many times, it still depends on the trend to speak.
Why do I feel like this is just another case of hindsight bias...
Take profit at $9000? I already exited earlier, so it's a bit late to mention this now.
Short position at 2934? Dare to follow? Dare to follow? Feels like I might get trapped again.
I've talked about take profit and stop loss so many times, how many can actually execute?
Is the downtrend confirmed? Let's wait and see, afraid it might reverse again.
The market rewards disciplined people, where is my discipline... Speechless.
When will this sideways movement break? Keep waiting for signals.
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DefiSecurityGuard
· 9h ago
ngl this whole "虚反弹" setup screams honeypot energy... like, the support levels aren't holding? that's literally exhibit A for a rugpull trajectory. not financial advice but DYOR on those entry points fr fr
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LiquiditySurfer
· 9h ago
A fake rebound is just a fake rebound. The key is whether the liquidity depth is sufficient to support it—that's the real story behind the surfing points.
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GasFeeCrier
· 9h ago
Fake rebound is just a fake rebound, whether to run or not, you still have to run.
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Cutting in half at 9000 is definitely reasonable, all the greedy ones are dead.
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After such a long consolidation, still chasing the rally? Are you out of your mind, brother?
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Short positions are already in, just relax and watch the show.
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Take profit and stop loss are easy to say, but you only realize the pain when you actually do it.
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This wave really has nothing to look at, let's wait patiently for the next opportunity.
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The market is always harvesting the greed of people, remember that.
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Anyway, I’ll leave at 9000, the rest is up to you.
Although Ethereum experienced a slight inflow supported by US stocks last night, it was essentially a false rebound. From the daily chart perspective, the key support levels have not been effectively stabilized, and bullish signals are insufficient. Based on various signals, Ethereum lacks upward momentum in the short term. Timely risk management is crucial—taking profits around the $9,000 level is a wise move, locking in gains and avoiding chasing the market.
Entering the morning trading session, Ethereum performed quite sluggishly, with long-term sideways consolidation and no signs of a rebound. In this context, it is logical to establish short positions around 2934. The current trend has already confirmed a downward trajectory, and profits are being realized continuously.
Such an opportunity is in front of you—continue to watch or take proactive action? The market always rewards traders who have good risk management plans. Discipline in taking profits and cutting losses often determines the final gains.