#美SEC推动加密创新监管 💭 Ethereum's recent trend is quite interesting.
$ETH was plunged to 2830 yesterday and is stabilizing around 2848 today to catch a breath. To be honest, the market sentiment index has already dropped to the "extreme fear" zone, but strangely enough—money is still continuously flowing into the ETFs, which is worth pondering.
From the market perspective, the 2830 position caught the sell-off yesterday, which can be considered a temporary stabilization. However, don't be too happy too soon, as this kind of breather after a sharp drop is often just a technical correction. Want a strong reversal? The current environment does not support that.
📊 If you want to take action:
The range of 2884-3005 can be considered for laying out short positions, with targets at 2820 and 2785 below. But remember, we are currently in a fluctuating pattern, and there may be a pullback, so don't stubbornly hold on.
⚠️ Core Logic: There will be a corrective action in the short term, but overall it is leaning towards weak fluctuations. Maintain flexibility in operations; once key price levels are breached or broken, adjust strategies immediately. At this stage, being flexible is more important than being stubborn.
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FalseProfitProphet
· 52m ago
The ETF is still in accumulation, which indicates that some people are much calmer than we are.
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SocialAnxietyStaker
· 10h ago
Is the ETF still buying? This is the real story, institutions are quietly buying the dip when there is extreme fear, while retail investors are caught up in whether to rebound or continue to fall.
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GasOptimizer
· 10h ago
The explanation for entering the ETF indicates that some people are optimistic, but the key is whether this position of 2830 can be defended.
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AltcoinHunter
· 10h ago
The ETF is still in the Accumulation phase, it's really amazing, at this time, I dare not place a short order...
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GasWaster
· 10h ago
ngl this bounce feels like when gas spikes right before a crash, just buying me time to exit at market rates. eth holding 2848 is cute but gimme the real support test first lol
Reply0
WagmiWarrior
· 11h ago
ETF crazily gets on board, yet the market is extremely fearful, this contrast is indeed a bit extreme.
Wait, has 2830 really held above? It still feels a bit shaky.
I'm still a bit scared of short orders, as rebounds are often the fiercest at times like this.
I have faith in those who persist, I will just stay on the sidelines for now.
Flexibility is indeed important, but my mind is a bit confused right now, so I think I'll wait until the signals are clearer.
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PositionPhobia
· 11h ago
Hmm... The detail about the ETF still bringing in money is indeed interesting, a short positions trap?
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The key level of 2830 has held, but I'm still afraid to take a Heavy Position, truly a coward.
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Extreme fear is actually an opportunity, but I just can't hold on.
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Ugh, am I going to have to keep shorting between 2884-3005? This volatility is exhausting me.
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ETF continuous inflow VS extreme fear, this contradiction is a bit overwhelming.
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Don't make me bet on a reversal again, I almost got liquidated last time.
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Being flexible is a nice way to say it, but to put it bluntly, it means having no direction.
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If 2820 breaks, I should just admit defeat, don’t stubbornly hold on, I've learned that lesson.
#美SEC推动加密创新监管 💭 Ethereum's recent trend is quite interesting.
$ETH was plunged to 2830 yesterday and is stabilizing around 2848 today to catch a breath. To be honest, the market sentiment index has already dropped to the "extreme fear" zone, but strangely enough—money is still continuously flowing into the ETFs, which is worth pondering.
From the market perspective, the 2830 position caught the sell-off yesterday, which can be considered a temporary stabilization. However, don't be too happy too soon, as this kind of breather after a sharp drop is often just a technical correction. Want a strong reversal? The current environment does not support that.
📊 If you want to take action:
The range of 2884-3005 can be considered for laying out short positions, with targets at 2820 and 2785 below. But remember, we are currently in a fluctuating pattern, and there may be a pullback, so don't stubbornly hold on.
⚠️ Core Logic: There will be a corrective action in the short term, but overall it is leaning towards weak fluctuations. Maintain flexibility in operations; once key price levels are breached or broken, adjust strategies immediately. At this stage, being flexible is more important than being stubborn.