ETH weekly level has once again retraced to the key support area, this position is worth following for go long opportunities.
First, let's talk about the risks: any trading must set a stop loss, don't hold onto wishful thinking. If the 2800 support level is breached, the bulls will be trapped again. So this time the opportunity and risk are fifty-fifty.
How to operate specifically? You can gradually build long positions in the range of 2808 to 2810, valid until today at 16:15. Set the stop-loss just below the 2800 round number; if it breaks, accept it.
As for taking profits, don't be too greedy; once you see your account in the green, consider securing your gains. The market changes quickly, and a moment of hesitation might mean missing the best exit opportunity. Remember: act quickly, maintain a steady mindset, and always set your stop-loss before proceeding.
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PositionPhobia
· 8h ago
2800 has come again, last time I was trapped here too, I have a bit of psychological shadow haha
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DeFiGrayling
· 12h ago
This hurdle of 2800 will test mental resilience again. I usually don’t engage in a 50-50 situation unless it’s spare money.
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RektRecorder
· 12h ago
It's the hurdle of 2800 again, we couldn't hold it last time either, to be honest, I'm a bit annoyed.
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ShibaSunglasses
· 12h ago
The hurdle of 2800 has come again. To be honest, I'm really a bit scared about a 50-50 chance. Last time I was trapped here.
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SmartMoneyWallet
· 12h ago
At the price level of 2808-2810, to be honest, on-chain data shows that Whales are accumulating positions here, but the problem is that the willingness of retail investors to catch a falling knife has dropped to the bottom. A 50-50 win rate? No, it should be a 60-40 game of capital — Large Investors call the shots.
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MemeEchoer
· 12h ago
Is this hurdle of 2800 coming again? One trap is not enough, and I still want a second round.
ETH weekly level has once again retraced to the key support area, this position is worth following for go long opportunities.
First, let's talk about the risks: any trading must set a stop loss, don't hold onto wishful thinking. If the 2800 support level is breached, the bulls will be trapped again. So this time the opportunity and risk are fifty-fifty.
How to operate specifically? You can gradually build long positions in the range of 2808 to 2810, valid until today at 16:15. Set the stop-loss just below the 2800 round number; if it breaks, accept it.
As for taking profits, don't be too greedy; once you see your account in the green, consider securing your gains. The market changes quickly, and a moment of hesitation might mean missing the best exit opportunity. Remember: act quickly, maintain a steady mindset, and always set your stop-loss before proceeding.