I've been watching ETH's price action recently, and the resistance in the 3100 to 3150 range is really obvious. Bullish momentum is clearly weakening here, and signs of a weak rebound are becoming increasingly apparent.
If you're also bearish, keep an eye on these levels:
• Entry observation zone: around 3100-3150 USD • First target: 2950-3000 (you may want to take some profits here) • If the 2950 support is lost? Then the psychological level of 2900 is very likely to be tested
Of course, you need discipline when shorting. Set your stop-loss in advance—don't stubbornly hold on. Only once the downtrend is confirmed will there truly be room to the downside.
At this level, the risk-reward ratio is still pretty good. Market sentiment is rather cold, and the technicals are supportive—now it's just a matter of sticking to the logic.
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MemeCoinSavant
· 1h ago
Based but bearish
Reply0
Ramen_Until_Rich
· 3h ago
Got it! Keep going!
View OriginalReply0
Rugman_Walking
· 12-08 03:32
Both long and short positions are fleeting illusions.
View OriginalReply0
BankruptcyArtist
· 12-08 03:31
Try going bankrupt one more time and see what happens.
View OriginalReply0
ColdWalletGuardian
· 12-08 03:23
Not confident to enter the market despite being bullish
#美SEC促进加密资产创新监管框架 ⚡️ $ETH Pay attention to this move!
I've been watching ETH's price action recently, and the resistance in the 3100 to 3150 range is really obvious. Bullish momentum is clearly weakening here, and signs of a weak rebound are becoming increasingly apparent.
If you're also bearish, keep an eye on these levels:
• Entry observation zone: around 3100-3150 USD
• First target: 2950-3000 (you may want to take some profits here)
• If the 2950 support is lost? Then the psychological level of 2900 is very likely to be tested
Of course, you need discipline when shorting. Set your stop-loss in advance—don't stubbornly hold on. Only once the downtrend is confirmed will there truly be room to the downside.
At this level, the risk-reward ratio is still pretty good. Market sentiment is rather cold, and the technicals are supportive—now it's just a matter of sticking to the logic.