Ethereum has been gradually shorted in the 3140 to 3200 range. The current strategy is to watch for the price to retrace to the 3000 level, with 3500 as the strong liquidation point.
Macroscopically, there have been many recent variables. Precious metals, forex, futures, and stocks have taken turns entering the public eye, diverting some funds. At the start of the year, liquidity is indeed somewhat tight, and the volume in digital currencies has also been impacted. At this point, the short-term outlook is somewhat bearish.
Currently, altcoin orders can also be shared; those interested can take a look. The next step is that funds will enter a certain exchange before January 10th to start futures trading, and some results should be visible tomorrow.
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.
24 Likes
Reward
24
6
Repost
Share
Comment
0/400
GasFeeAssassin
· 01-06 16:14
3500 strong liquidation level is a bit risky, can this round of bears hold until 3000...
---
The liquidity at the beginning of the year is so tight, I didn't expect anyone to dare to hold heavy short positions, really brave
---
Wait, entering the exchange before January 10? This pace is a bit fast, will we see the outcome tomorrow?
---
The recent bloodletting in precious metals and forex is indeed intense, the crypto circle has become much quieter
---
Altcoin orders seem to carry higher risks, it's better to stay on the sidelines and observe
---
Feeling that the 3140 layout isn't in place, should continue to wait and see
---
Being bearish is one thing, but is it really safe to enter at this time?
View OriginalReply0
GasFeePhobia
· 01-04 16:54
The probability of breaking through 3500 is quite high now, with the current tight liquidity.
View OriginalReply0
ImpermanentLossFan
· 01-04 10:55
I'm also holding the 3000 level, but I always feel that with such tight liquidity, a rebound might also be difficult.
View OriginalReply0
ruggedNotShrugged
· 01-04 10:48
With such a deep short position setup, can 3000 really hold? It feels like the current funds are too dispersed, and this wave might not be easy to handle.
View OriginalReply0
ShortingEnthusiast
· 01-04 10:48
3500 strong flat? Brother, you are really bold, it feels a bit suspenseful
View OriginalReply0
Degen4Breakfast
· 01-04 10:48
Can you hold the 3000 level? It feels like once 3500 breaks, it'll just crash straight through.
Ethereum has been gradually shorted in the 3140 to 3200 range. The current strategy is to watch for the price to retrace to the 3000 level, with 3500 as the strong liquidation point.
Macroscopically, there have been many recent variables. Precious metals, forex, futures, and stocks have taken turns entering the public eye, diverting some funds. At the start of the year, liquidity is indeed somewhat tight, and the volume in digital currencies has also been impacted. At this point, the short-term outlook is somewhat bearish.
Currently, altcoin orders can also be shared; those interested can take a look. The next step is that funds will enter a certain exchange before January 10th to start futures trading, and some results should be visible tomorrow.