Ethereum is sluggish today, following the broader market. The bearish structure on the daily chart is still continuing, and the volume shows that the bears are dominant. Looking at the 4-hour timeframe, the bearish strength remains strong; although the short-term momentum on the hourly chart has weakened, the overall downward trend has not changed, and the support levels below are gradually being tested.
Personal trading idea: Consider placing short positions in the range of 2840 to 2860, with an initial target around 2760. If it breaks below, further attention can be paid to the 2700 level.
The current market sentiment is weak, and it is recommended to strictly set stop losses.
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RektButSmiling
· 1h ago
It fell again, the short positions this time are really a bit fierce
The rhythm of ETH is off, I need to think about entering a short order at 2840
Easier said than done, where should the stop loss be set
I look at the technicals every day, but in the end, it still got smashed through
With such a strong short structure, do I really have to be cautious for a while?
If the 2700 line is broken, I'll just admit defeat
It feels like the market sentiment has never been good, how can I buy the dip?
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BearMarketNoodler
· 7h ago
It's the same old trap, short positions, short positions, short positions, shouting every day that the support level is being tested. So, has 2700 broken yet?
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LiquidatedNotStirred
· 7h ago
The short positions are being suppressed again. This wave of entering short orders at 2840 is indeed tempting; let's see if it can fall to 2760.
ETH has really been sluggish these past two days; it feels like it's about to break down.
Why is it always stop loss, stop loss? I always lose on this.
Can the 2700 line hold? It doesn't seem that easy.
The layout for short orders seems a bit late; where were we earlier?
This trend is uncomfortable to watch; I'll just wait and see.
With the market like this, ETH can't escape either.
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LiquidityLarry
· 7h ago
Another damn fall, is 2840-2860 a good point to enter a short order? I think it's uncertain, this support level changes every day.
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The short positions structure is still continuing, I'm tired of hearing it, just waiting for the moment to be slapped in the face by a rebound.
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Strict stop loss? Come on everyone, don't have a gambler's mentality, this week's market is really disappointing.
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2700? It might still fall by then, who knows.
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The market is sluggish, dragging ETH down with it, the rhythm is really amazing.
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Target level 2760, sounds good, but I'm still anxious inside.
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If the bears dominate, should I just stay short? I've seen this trick reversed too many times.
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With emotions leaning weak, one should protect their capital, don’t think about buying the dip, I've learned my lesson.
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BlockchainFries
· 7h ago
It's falling again, the shorts are still stirring things up.
Do you dare to short at this position of 2840-2860? I'm just going for it.
The market's mood really isn't good, just set your stop loss and that's it.
Let's see when it falls to 2700, it’s tough being sideways anyway.
I feel like the bottom hasn't been reached yet, let's wait a bit.
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JustAnotherWallet
· 7h ago
Oh dear, it's another day dominated by short positions.
2840-2860 layout short order? I think this point is a bit precarious.
I have to maintain a stop loss again, it's really exhausting.
I guess I can finally breathe easy when it falls to 2700.
#ETH走势分析 December 1 $ETH Midday Observation
Ethereum is sluggish today, following the broader market. The bearish structure on the daily chart is still continuing, and the volume shows that the bears are dominant. Looking at the 4-hour timeframe, the bearish strength remains strong; although the short-term momentum on the hourly chart has weakened, the overall downward trend has not changed, and the support levels below are gradually being tested.
Personal trading idea: Consider placing short positions in the range of 2840 to 2860, with an initial target around 2760. If it breaks below, further attention can be paid to the 2700 level.
The current market sentiment is weak, and it is recommended to strictly set stop losses.