2025-12-30 04:24:10

Everyone, don't be fooled by this rebound. I took another look at Ethereum's technicals, and the indicator signals are actually very clear—today's market is oscillating with a slight weakness, definitely not a main upward wave.

KDJ is the most honest indicator. What does it mean when it fails to make a golden cross multiple times? It gets pushed down after a slight rally, repeatedly manipulated—that's a classic trap to induce buying and shake out weak hands. RSI staying below 55 for a long time—if the market were truly strong, it would have already broken above 60. At this position, at best, it's a rebound, not a trend.

The market structure is actually very simple. The 2930 to 2980 range has been holding for so long, every time it breaks above 3000, it gets slammed back down. The highs are still declining, and volume isn't keeping up—what does that tell us? A prolonged sideways move will eventually lead to a drop; it's just a matter of time.

How to operate? My approach is to only trade rebounds, don't chase longs. Focus on the 3000 to 3050 zone, wait for opportunities to short. Set your stop-loss at 3060; if it breaks above that, admit you're wrong and exit. First targets are 2920 and 2880.

Never do these things: buy at high levels, fight against the trend, get overly excited after just one bullish candle. Today's market isn't here to double your money; it's here to drain your patience and wipe out the weak. Those who understand will profit from the price difference; those who don't will just become fuel.

Quite straightforward, right?—Ethereum's bulls have no advantage today. Assess your position carefully; if you don't understand, don't trade much. Once it breaks below key support, I will continue to analyze and follow up.

ETH0,39%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
3
Repost
Share

Comment

0/400

CounterIndicator

· 2h ago

The pump-and-dump scheme is back again, and the retail investors will have to pay tuition fees once more. This market is just to trap people; can't you see that? KDJ is playing tricks again, same old routine. The 3000 level is truly a chasm; every time it gets smashed down. It's better to wait for a breakdown rather than catching a falling knife. Want to buy the dip again? Be prepared for losses. RSI hasn't even reached 60, how can there be a rebound or a main upward wave? Brothers who bought at high levels should wake up. A rebound is a good opportunity to short; I am waiting. Getting excited just by seeing a bullish candlestick, typical retail investor behavior. If your position is too heavy, now is the time to reduce it; stop gambling. After such a long period of consolidation, a breakout is inevitable; just watch the timing. Set your stop-loss at 3060; accepting losses is part of the game. 2880 is my target; let's wait and see.

View OriginalReply0

RooftopReserver

· 6h ago

Damn, it's the same old theory again. I'm already tired of seeing the KDJ golden cross fail. --- Should I sell below RSI55? I remember last time you said that, and I got caught off guard and got hammered. --- "Horizontal for a long time must fall"—I've heard that a hundred times, but I haven't seen it truly fall many times. --- Short at 3000-3050? Bro, how many times has this range been bombarded with orders? Are you sure you're not just giving away your position? --- Seriously, can anyone tell me why we always lose the most when the technicals are the clearest? --- Stop-loss at 3060. I bet five bucks it'll break right through. --- Smart traders profit from the spread. Sounds good, but in reality, it's all just reactionary. --- This market is just here to wipe out the retail investors. I'm just going to sit back and wait until you're done. --- Starting to warn again not to chase longs. I can memorize this script. --- 2880? Bro, that's still too optimistic.

View OriginalReply0

TradFiRefugee