Ethereum's recent trend is indeed interesting. From the hourly chart, the downward momentum around 2930 is easing, but it's during these moments of relief that shorting opportunities tend to appear.
If you enter a 50x short position now, the initial target is 2890. If the price can't hold at this level and breaks below, it could head towards 2600. Of course, for such high leverage trades, stop-losses are essential; the 2970 level must be defended.
In the past couple of days, I've been continuously adjusting my layout, and every market fluctuation prompts a reassessment of the strategy. Friends following along, stay tuned for updates on new developments, but don't rush to enter positions. Wait for a clearer signal before taking action.
Technical analysis is all about patience; the more impatient you are, the easier it is to fall into traps. A good strategy combined with solid execution is the key to seizing these opportunities. The market is constantly changing, and those with strong adaptability can catch more waves.
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OnchainHolmes
· 6h ago
A 50x short position is really brave; if the market moves in the opposite direction, not only will your face swell, but your heart will also fluctuate.
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I'm also watching the 2930 level, but I always feel it's not that simple. The market fears the most are "obvious" signals.
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Patience is easy to talk about, but when the opportunity comes, your hands start to itch, and it’s uncomfortable.
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Waiting for signals is a good suggestion, but usually by the time you wait, you've already missed the market move.
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Stop loss at 2970? You must hold this line firmly, or you'll lose real money.
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Easing is a trap; I believe in that. I've been cut many times by this kind of "gentleness."
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Adjusting your layout sounds a bit tiring. Why not just go all-in? After all, it's all a gamble.
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Those with strong adaptability can indeed buy the dip, but the problem is most people are just quick to cut losses.
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If that 2600 level really breaks, you should consider whether it's time to withdraw.
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A 50x leverage, a sudden crash can wipe you out instantly. Can your sleep quality be good?
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NFTDreamer
· 6h ago
A 50x short position sounds exciting, but I still think I need to observe a bit more around 2930. No rush.
Hey, is the chance to go long and short really that reliable? Feels like all traps.
Let's wait for a signal. Anyway, the biggest fear in this game is itchy hands—once you get itchy, the dream of getting rich quickly is shattered.
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FreeMinter
· 6h ago
50x leverage? Bro, are you trying to get rich or get liquidated?
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SellLowExpert
· 6h ago
50x short position? Are you gambling or trading, buddy?
Ethereum's recent trend is indeed interesting. From the hourly chart, the downward momentum around 2930 is easing, but it's during these moments of relief that shorting opportunities tend to appear.
If you enter a 50x short position now, the initial target is 2890. If the price can't hold at this level and breaks below, it could head towards 2600. Of course, for such high leverage trades, stop-losses are essential; the 2970 level must be defended.
In the past couple of days, I've been continuously adjusting my layout, and every market fluctuation prompts a reassessment of the strategy. Friends following along, stay tuned for updates on new developments, but don't rush to enter positions. Wait for a clearer signal before taking action.
Technical analysis is all about patience; the more impatient you are, the easier it is to fall into traps. A good strategy combined with solid execution is the key to seizing these opportunities. The market is constantly changing, and those with strong adaptability can catch more waves.