#以太坊行情技术解读 $ETH's recent rebound seems somewhat weak, failing to stabilize after multiple touches on the upper resistance level, and trading volume is also decreasing. This indicates that funds looking to chase the rally are starting to hold back. From the candlestick structure, signs of a top have already formed in the short term, with technical indicators showing divergence, and the bearish momentum is growing stronger.
In this pattern of "unable to go up but constantly declining," I decisively took a short position on $ETH, following the rhythm of the larger cycle to seize the opportunity for this correction. I ultimately earned three times the profit, successfully pocketing $2,400.
The core of trading is not about guessing the direction correctly but about understanding the structure and riding the trend. Once the structure is clear, profits will naturally follow.
Also paying attention to the trends of other assets like $XRP and $ZEC to see if similar opportunities emerge.
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GateUser-e51e87c7
· 12-13 02:50
Speaking of which, this wave indeed played out correctly, but I always feel that when the bearish trend is so obvious, it's easier to turn around unexpectedly.
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GasFeeSurvivor
· 12-13 02:48
Who's not good at bragging? The key is whether you can maintain consistent profits.
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LootboxPhobia
· 12-13 02:40
Another story of huge profits from short positions, is it true? Dropped $2400 just like that, does this seem a bit too outrageous to me?
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ChainComedian
· 12-13 02:39
Well, this round of short positions was indeed well executed, but I think it's too early to talk about the structure now; the rebound hasn't fully broken the level yet.
#以太坊行情技术解读 $ETH's recent rebound seems somewhat weak, failing to stabilize after multiple touches on the upper resistance level, and trading volume is also decreasing. This indicates that funds looking to chase the rally are starting to hold back. From the candlestick structure, signs of a top have already formed in the short term, with technical indicators showing divergence, and the bearish momentum is growing stronger.
In this pattern of "unable to go up but constantly declining," I decisively took a short position on $ETH, following the rhythm of the larger cycle to seize the opportunity for this correction. I ultimately earned three times the profit, successfully pocketing $2,400.
The core of trading is not about guessing the direction correctly but about understanding the structure and riding the trend. Once the structure is clear, profits will naturally follow.
Also paying attention to the trends of other assets like $XRP and $ZEC to see if similar opportunities emerge.