The surge in Ethereum this morning looked like a reversal, but it turned out to be just a trap—this routine is all too familiar. On the technical side, the MACD has already shown signs of a death cross, so I continue to hold my short positions. I haven't added to my positions, and my defenses haven't been broken through. Why rush? Just keep looking for short opportunities. This week, I’ve been trading back and forth within this oscillating range, buying low and selling high. Even if there’s a real breakout and it gets hammered down, that’s a completely reasonable scenario.



Traders without positions can wait and see; if the price breaks below 2993, open a short position accordingly. Add to your position at 3060, set your stop at 3146, with targets around 2905 and 2830.

If you follow the left-side low-buy strategy, 2905 is the entry point, with add positions at 2833, and stops at 2738. Targets are 2967 and 3009, and the last small portion of the position exits at 3057. The rhythm and risk-reward ratio should both be considered.
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RatioHuntervip
· 6h ago
The trap of诱多 is indeed old-fashioned, but we need to see if the 2993 level truly breaks before saying anything. Anything said now is pointless. The death cross has already appeared, and you're still hesitating? Just keep shorting directly, no need for self-doubt. MACD death cross + oscillation range, this is a frustrating market. Just buy low and sell high. The position at 2905 is indeed very firm; it all depends on who cuts losses first. Is the defense at 3146 so high? It feels a bit risky, brother. Continue to hold short positions, trust your technical analysis, after all, the death cross doesn't lie. If this rhythm moves towards a left-side low buy, you need to have a big heart.
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SelfMadeRuggeevip
· 6h ago
The trick of诱多 is really played out, even with a death cross showing up, still daring to push higher, hilarious. Continue holding the short positions, anyway, there's no rush to cash out. This wave of MACD feels like a turning point; if 2993 breaks, just go short directly.
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VitalikFanAccountvip
· 6h ago
The trap of诱多 is really played out, and my short positions haven't moved. I'll keep holding tight. The death cross has already appeared, so what are you hesitating for? Let's see if 2993 can effectively break below. This wave's rhythm needs to be tightly controlled; otherwise, the stop-loss costs will be too high. I can't take it anymore.
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DefiEngineerJackvip
· 6h ago
Lmao another trap bounce... honestly the MACD divergence was textbook, kinda obvious. staying short on this one tbh
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