If Ethereum really retraces to the 2600 level, I tend to believe that is the bottom of this cycle. If the market moves upward next year, breaking through 6000 is possible. My current thinking is that since the bull market cycle isn't over yet, there's no need to rush to fall below the 2000 line. But on the other hand, what if it really breaks below 2000? Then my stop-loss would be around 500. Anyway, the market can be quite wild sometimes, so it's important to have a plan for extreme scenarios.
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GasFeeSobber
· 12-15 20:47
2600 bottom? Bro, your mental preparation is strong enough. What if an extreme market suddenly drops?
Already thought about breaking 2000, your courage is unmatched, I really respect it.
Wait, stop loss at 500? Isn't that gambling? I feel sorry for your principal.
Next year 6000... Just listen to it. For now, we still have to stay alive and wait for that day.
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NullWhisperer
· 12-13 09:53
honestly the 2600 floor thesis is interesting but... technically speaking, you're building a lot of contingency plans here. 2000 breach, then 500? that's a pretty wide vulnerability window. let's dissect the actual risk vectors - what happens if we just... skip all those checkpoints? not trying to be paranoid but market structure has some questionable implementation details rn
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GasFeeBarbecue
· 12-13 04:38
2600 bottom? I think it's doubtful; with the market so crazy, who can say for sure.
Honestly, the chance of dropping below 2000 isn't that low, and your stop-loss level is too optimistic.
6000? Let's see if we can survive until 2024 first; it's a bit early to call that now.
The theory of a bull market cycle has been proven wrong many times; don't trust it too much.
If it hits 2600, buy the dip; anyway, gains and losses are just tuition.
Good contingency plans for extreme situations, but we're all armchair strategists after the fact.
Bottom? Every time they say it's the bottom, a new bottom appears—so frustrating.
A $500 stop-loss is really tough; I don't have that kind of resilience, haha.
Breaking below 2000 is really possible; this cycle feels more complicated than it seems.
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MetadataExplorer
· 12-13 04:37
2600 bottom? Brother, your prediction is way too optimistic. I bet it will continue to plunge.
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The probability of dropping below 2000 isn't that low. Setting a stop loss at 500 might be a bit too aggressive, right?
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The bull market cycle isn't over... I've heard this phrase too many times, and each time I get proven wrong.
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6000? Let's wait until we see 3000 before bragging, it's not too late.
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My logic is simple: don't try to bottom hunt, wait until it breaks to make a move.
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This kind of "extreme contingency plan" sounds very professional, but in practice, it's just a mess of reckless cuts.
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2600 really is the bottom? I think there's still plenty of room to go down.
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A 500 stop loss does feel a bit like gambling, but having a plan is always better than operating blindly.
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ParanoiaKing
· 12-13 04:34
Is 2600 the bottom? Wake up, you should have woken up when it broke 2000 haha
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PumpBeforeRug
· 12-13 04:22
Bottom at 2600? Bro, you're too optimistic. I bet 500 for it to reach even faster.
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Layer2Arbitrageur
· 12-13 04:15
lmao 2600 floor thesis sounds optimistic given the on-chain liquidation cascades we're seeing... actually if you pull the gas metrics from last dip, there's a 340bps arbitrage gap you're completely missing rn. just saying, ngmi if you're not hedging via cross-chain liquidity bridges while shorting perps simultaneously.
If Ethereum really retraces to the 2600 level, I tend to believe that is the bottom of this cycle. If the market moves upward next year, breaking through 6000 is possible. My current thinking is that since the bull market cycle isn't over yet, there's no need to rush to fall below the 2000 line. But on the other hand, what if it really breaks below 2000? Then my stop-loss would be around 500. Anyway, the market can be quite wild sometimes, so it's important to have a plan for extreme scenarios.