By the way, $ETH opened with some anomalies today—the entire market is hedging, with one lock-in action after another. Short positions are hanging at 3213, long positions are tightly stuck at 2970, both sides have set up defenses, now it just depends on where the market will break out.
Don't be too optimistic about the short-term rebound; the technical picture is already very clear: the double pin formed at 3.4 above, now directly falling back into the 2-digit range. What does this signal indicate? When the decline truly starts, it will be a mindless sell-off.
Just like my understanding, the trend is still downward. Instead of betting on a rebound, it's better to stay alert—lock in your positions when needed, open shorts when appropriate. The rhythm is very important; never force against the market. Funds are re-pricing, so manage your risks well and avoid chasing those seemingly tempting rebounds.
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TokenSleuth
· 21h ago
Haha, gold indeed surged fiercely, but I still think ETH is the real breakout... Wait for it to drop back to the 20s, is this a signal for us?
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The dual positioning at 3213 and 2970, there's something to it, but I'm just worried that both sides might get swept.
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Stop talking, I knew the market would fall when the double needle formation appeared. If anyone dares to buy the dip now, they're really brave.
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Rebounds are the most dangerous thing; they look so attractive, but diving in just works for the big players. I'll just go short and relax.
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Holding position > gambling on the market; there's nothing wrong with that. Let's just be clear-headed gamblers.
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ParallelChainMaxi
· 21h ago
Yeah, this wave is really fierce. Seeing 3.4 drop, you know there's no good outcome. I'm also on the sidelines, just waiting for the breakdown confirmation; any rebound is just a fake fall.
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FloorSweeper
· 21h ago
Hmm... The double spike hitting back this time is indeed a bit fierce, and I've also tightened my short positions.
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BearMarketBuyer
· 21h ago
Talking about the old story of risk reduction again, okay, okay, but I think the ones who can really make money are still those who dare to go against the trend. This time is different.
This double spike smashing the market is really fierce, it feels like the bottom might need to break through another layer...
Speaking of gold rising like this, maybe it's time to diversify some positions and try to test the waters.
Can the 3213 support line hold? We need to keep a close eye on it.
Stop talking, I've already locked in. Betting on a rebound is just too exhausting.
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TeaTimeTrader
· 21h ago
This round of short positions is really aggressive, holding firm at 2970, just waiting for the moment of breakdown.
#数字资产市场动态 Gold's recent rally is really fierce!
By the way, $ETH opened with some anomalies today—the entire market is hedging, with one lock-in action after another. Short positions are hanging at 3213, long positions are tightly stuck at 2970, both sides have set up defenses, now it just depends on where the market will break out.
Don't be too optimistic about the short-term rebound; the technical picture is already very clear: the double pin formed at 3.4 above, now directly falling back into the 2-digit range. What does this signal indicate? When the decline truly starts, it will be a mindless sell-off.
Just like my understanding, the trend is still downward. Instead of betting on a rebound, it's better to stay alert—lock in your positions when needed, open shorts when appropriate. The rhythm is very important; never force against the market. Funds are re-pricing, so manage your risks well and avoid chasing those seemingly tempting rebounds.