Take a look at the recent hourly trend of Ethereum. It has been oscillating back and forth around that level, fluctuating about fifty points up and down, but it has yet to break through the 3260 barrier. It has been hovering around there for a while. Based on the current situation, the bearish pattern remains unchanged, and it’s more prudent to continue following this approach.
In terms of actual trading, consider short positions within the 3260 to 3310 range, targeting the support area around 3100. As for stop-loss placement, it depends on your own position size and risk tolerance—there's no absolute answer. During this kind of volatile market, maintaining the right mindset is crucial; don’t get dizzy from small fluctuations.
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GateUser-3824aa38
· 01-06 08:44
I've been stuck at 3260 for so long, I really believe the bears can break through, haha
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SnapshotDayLaborer
· 01-06 08:41
Once again, it's that 3260 hurdle. Repeatedly testing it is really annoying.
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Getting stuck at 3260 means it's deadlocked. If you're entering a short position, stay calm and steady.
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A 50-point fluctuation can drive people crazy. You need to watch your mindset in this market.
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Can it really reach 3100? It feels uncertain.
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There's no precise rule for stop-loss; it all depends on individual risk appetite.
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A ranging market tests your patience the most. If you're not careful, you'll get shaken out.
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If the bearish pattern hasn't changed, just keep shorting. If 3260 can't be broken, pull back.
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Targeting 3100 is a bit far; let's see if 3260 can truly stabilize first.
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NervousFingers
· 01-06 08:38
3260 is really stuck; this time, you need to hold your short position tightly and keep a calm mindset.
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It's that kind of frustrating sideways movement again; honestly, I'm getting tired of watching it.
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If the bearish trend hasn't broken the pattern, should I keep averaging down? I don't think so.
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I also think the 3100 support level is worth watching; it all depends on who can hold out longer.
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There's no absolute answer to stop-loss; it depends on how tough your luck is.
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During volatile times, it's easiest to get stopped out; that's true.
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The 50-point swings back and forth are really disgusting; you can't lock in profits at all.
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Talking about mindset is easy, but if your short position gets squeezed, you're finished.
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Wait until 3260 is completely broken before making a move; entering a short now might be a bit early.
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I've heard this support zone talk too many times; it mainly depends on the big players' mood.
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GateUser-40edb63b
· 01-06 08:35
I've been stuck at 3260 for so long. Fine, I'll just lie flat and wait for it to decide.
Take a look at the recent hourly trend of Ethereum. It has been oscillating back and forth around that level, fluctuating about fifty points up and down, but it has yet to break through the 3260 barrier. It has been hovering around there for a while. Based on the current situation, the bearish pattern remains unchanged, and it’s more prudent to continue following this approach.
In terms of actual trading, consider short positions within the 3260 to 3310 range, targeting the support area around 3100. As for stop-loss placement, it depends on your own position size and risk tolerance—there's no absolute answer. During this kind of volatile market, maintaining the right mindset is crucial; don’t get dizzy from small fluctuations.