I glanced at the market data of #数字货币市场回升 , which is currently hovering around 2828 after experiencing a sharp drop. It is consolidating in this range for a short period. The bearish pressure is quite strong, but the 2800 level can temporarily withstand some pressure.

In the afternoon session, I personally tend to adopt a short-selling strategy on rallies: if Ethereum rebounds to the range of 2850 to 2860, consider trying a light short position, with a stop-loss line suggested above 2880. Of course, the market changes quickly, so be sure to strictly set your stop-loss and don't hold on stubbornly.

ETH-6.57%

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NFT_Therapy_Group

· 3h ago

The 2828 level is indeed quite interesting, but I think the bears haven't fully absorbed it yet. Let's wait and see if it can push up to 2860 to test the waters.

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Degentleman

· 3h ago

This position of 2828 does have some pressure, but with the bears being so fierce, I actually want to see if it can break.

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StablecoinAnxiety

· 4h ago

Can 2800 hold? Wake up, this position is very fragile, don’t be too optimistic. Shorting at 2850-2860 sounds good, but I’m afraid it will take the opposite position and break through 2880... The short positions are fierce this time, it feels like it will either soar or crash directly, with no middle ground. It's easy to say to short at highs, but when it comes to the critical moment, it still can't withstand the stop loss. When will this round of consolidation end? It’s so frustrating. 2828 is just stuck here, anyway, I can’t see clearly. Defensive line at 2880? I bet it will break directly, then turn around and slap me in the face. At this pace, it will either explode or be boring to death, with no other possibilities in between.

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