If Ethereum was shorted at 3100 last week, that was possible, but now it's definitely not. The current trend has temporarily weakened the selling pressure. If you still hold a short position at 3100, please change it to 3168.
After we all escaped the top of the clone coin and it retested the support level, it surged again. Since it has already risen significantly, you should not enter more now. Don't listen to others shouting that the clone coin season is here and follow the herd to buy more. Be sure to eliminate the emotions of chasing gains and selling at a loss.
Fleeting moment, now Bitcoin and Ethereum are experiencing a small waterfall. It is obvious that altcoins are directly collapsing without any show. The slight rebound in Asian trading volume is indeed surprising, but it's like a mantis trying to stop a chariot—yesterday, altcoins accurately peaked and then fell. Unfortunately, Ethereum didn't reach 3100 to open a short position. If it had, then the corresponding levels for BCH at 650 and ZEC at 560 could have been used for initial shorts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
If Ethereum was shorted at 3100 last week, that was possible, but now it's definitely not. The current trend has temporarily weakened the selling pressure. If you still hold a short position at 3100, please change it to 3168.
After we all escaped the top of the clone coin and it retested the support level, it surged again. Since it has already risen significantly, you should not enter more now. Don't listen to others shouting that the clone coin season is here and follow the herd to buy more.
Be sure to eliminate the emotions of chasing gains and selling at a loss.
Unfortunately, Ethereum didn't reach 3100 to open a short position. If it had, then the corresponding levels for BCH at 650 and ZEC at 560 could have been used for initial shorts.