The current Ethereum trend shows a clear rebound resistance signal, and many traders are starting to consider shorting at highs. Here are two traps summarized for everyone's reference.
Aggressive players can directly enter a short position at the current price of 2966. If being more conservative, they can set a pending order around 2970 and wait for a rebound to touch it before entering the market. Regardless of which method is chosen, the stop loss should be uniformly set at the line of 2990—once the price stabilizes above this level, it means the structure may change, and the market needs to be reassessed at that time.
The profit target focuses on the vicinity of 2885 below, and it's advisable to take profits in batches flexibly according to your own position. It's important to emphasize that the core of a conservative strategy is patience; do not chase positions, instead, set orders and wait for prices to come to you. Regardless of the strategy used, 2990 is the final defense line — always be prepared for risk management execution before a breakout.
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ForkLibertarian
· 12-23 08:52
2990 is a hurdle that must be guarded well; if broken, you have to admit defeat and run immediately.
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ShibaSunglasses
· 12-23 08:50
If it breaks 2990, we have to run; whether we can stay steady this time depends.
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TestnetNomad
· 12-23 08:49
2990 is really the line between life and death; if it breaks, we have to admit defeat.
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BearMarketSunriser
· 12-23 08:48
Whether 2990 breaks this line is crucial, it feels like it will be repeatedly tested again.
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BlockTalk
· 12-23 08:45
Is this defense line really reliable at 2990? Why do I feel like it's always being broken?
Wait, is the conservative strategy just to lie flat and not chase orders? What about the orders I chased into this wave...
Isn't the target of 2885 too far away? Why isn't there a reduction point in between?
Feels like it's the night before a bull trap again, I don't dare to place open orders at this position of 2970.
Let's honestly wait for a rebound, no more messing around.
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ForkItAll
· 12-23 08:24
If 2990 breaks, just withdraw directly, don't hesitate.
Brothers, I'm also watching 2885, just don't dare to go all in.
Shorting is too intense right now, feels like every day people are saying to sell high, but there are also many times when it takes the opposite position and pumps.
It's easy to talk about a conservative strategy, but waiting for open orders is the toughest part.
Should I go straight in at 2966 or wait for 2970? To be honest, this price difference doesn't show much.
The current Ethereum trend shows a clear rebound resistance signal, and many traders are starting to consider shorting at highs. Here are two traps summarized for everyone's reference.
Aggressive players can directly enter a short position at the current price of 2966. If being more conservative, they can set a pending order around 2970 and wait for a rebound to touch it before entering the market. Regardless of which method is chosen, the stop loss should be uniformly set at the line of 2990—once the price stabilizes above this level, it means the structure may change, and the market needs to be reassessed at that time.
The profit target focuses on the vicinity of 2885 below, and it's advisable to take profits in batches flexibly according to your own position. It's important to emphasize that the core of a conservative strategy is patience; do not chase positions, instead, set orders and wait for prices to come to you. Regardless of the strategy used, 2990 is the final defense line — always be prepared for risk management execution before a breakout.