#ETH巨鲸增持 Today, this bearish belt hold, those who chased the price are probably doomed.

Looking back, the 3000 position should not have been blindly rushed. The BOLL upper band at 3114 is pressing down, the MA7 and MA30 have long shown signs of a dead cross, and the MACD green bars started to expand three days ago—aren't these signals clear enough?

Mention three common pitfalls:

If the key resistance level hasn't held for three days, don't easily trust the breakout. For an integer level like 3000, without trading volume to support it, it's just a house of cards.

Indicators need to be judged together. If two out of MACD, moving averages, and BOLL are performing poorly? You should reduce your position, don't hold on to false hopes for a reversal.

Good news on the news front can sometimes be a signal to sell. The real trend, technical indicators will react earlier than news.

What should we look at next? 2700 (BOLL lower band) is a support, but it's too early to bottom fish now. The MACD's DIF is at -50, and the DEA is at -30, indicating that the downward momentum has not yet exhausted. It would be much safer to consider lightly testing once the green bars shrink and the price re-establishes above 2850 (MA7).

In the medium term, before 3000 is truly taken down, ETH is likely to fluctuate between 2700 and 2950. This kind of oscillation is expected to last at least a week, and chasing the price will only lead to being hit on both sides.

It's much more reliable to patiently wait for the indicators to turn than to guess the top and bottom.