Recently, Ethereum's market performance has been quite interesting. This continuous rebound has directly hit a key resistance level, and in the short term, there doesn't appear to be a clear opportunity for a pullback correction. From the 1-hour K-line chart, it has already formed the characteristics of a rounded top pattern.
From a technical perspective, at Ethereum's current price level, it is recommended to watch for short-selling opportunities around 3110, with target levels at 3070 and 3040, which are two key support levels. As for Bitcoin, it is also worth considering short positions above 90,000, with stop-losses set around 8.95/8.9, allowing for a tolerance of approximately 600-45 points.
Market conditions change too quickly, and traders with different styles need to adopt different strategies. Aggressive traders who want to keep up with the pace can consider entering with small positions. However, if you prefer a more conservative approach, waiting and observing for clearer signals is also entirely reasonable. After all, market opportunities are always present, and there's no need to gamble every time.
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blocksnark
· 8h ago
The arc top has already played out. Is this really going to break the level this time? But I'll still wait and see. The short position at 3110 is a bit risky; if it pulls back again, it would be awkward.
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gas_fee_therapist
· 8h ago
Arc top? Bro, this time it might drop. Try shorting one lot at 3110 to test the waters.
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FadCatcher
· 8h ago
The arc top is really a bit tense right now. Let's wait and see at 3110. Being too aggressive could easily lead to a crash.
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SatsStacking
· 8h ago
I watched this wave of the arc top for a long time, but I still think I need to wait for a confirmation signal. No rush.
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I'm tempted by the 3110 short position, but I don't have enough coins to hold a light position. Let's wait for the next opportunity.
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The aggressive traders are really bold. I prefer to be more conservative; after all, there are many opportunities.
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Shorting above 90,000 on Bitcoin? Bro, your stop-loss point is a bit tight. I personally think the risk is a bit high.
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This wave of the market is indeed strange. I'm a bit hesitant to act; let's see how it develops.
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Steady trading is really satisfying. Compared to chasing every rise and fall daily, I'd rather earn a bit less.
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MetaverseHomeless
· 8h ago
The arc top is a bit fierce this time, but I still think there's no need to rush. Anyway, there are plenty of opportunities.
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Shorting at 3110 sounds good, just see if it can break 3070. Feeling exhausted.
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The market is changing too quickly. Conservative traders say it's better to keep observing and wait for a more reliable signal.
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Short positions above 90,000 on Bitcoin seem to have some tolerance for error, but you really need to set good stop-losses.
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Aggressive traders can try small positions to get involved; at worst, you won't lose your pants.
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Another arc top. I've heard this term enough times in the past two weeks, haha.
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Instead of chasing highs, it's better to wait and see if there's a clearer signal. That way, you'll feel more comfortable.
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A tolerance of over 600 points sounds pretty good. Just see if the market can give this space.
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GateUser-6bc33122
· 8h ago
The arc top is indeed interesting this time, but I still need to watch the trend before deciding on the 3110 short position. After all, a rebound in such a fierce market can easily lead to a face-plant.
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Being both light on positions and setting stop-losses sounds stable, but at critical moments, luck still plays a key role.
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Shorting above 90,000 for Bitcoin? Man, your courage is impressive. A tolerance of 600 points is basically no stop-loss at all.
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Waiting and watching, it sounds simple, but what if you miss out? That’s the most frustrating part of trading.
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Ethereum moves so fast it’s ridiculous. I’ve given up on precise entries and am just going with the flow.
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With support levels at 3070 and 3040 so close, it feels like once one breaks, the other will follow immediately. No room for buffer.
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A steady style sounds high-end, but in reality, it just means missing wave after wave of opportunities.
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memecoin_therapy
· 8h ago
The arc top has already played out, and this wave down will probably trap a lot of people again. To put it simply, don't be too greedy, and keep your positions light.
Recently, Ethereum's market performance has been quite interesting. This continuous rebound has directly hit a key resistance level, and in the short term, there doesn't appear to be a clear opportunity for a pullback correction. From the 1-hour K-line chart, it has already formed the characteristics of a rounded top pattern.
From a technical perspective, at Ethereum's current price level, it is recommended to watch for short-selling opportunities around 3110, with target levels at 3070 and 3040, which are two key support levels. As for Bitcoin, it is also worth considering short positions above 90,000, with stop-losses set around 8.95/8.9, allowing for a tolerance of approximately 600-45 points.
Market conditions change too quickly, and traders with different styles need to adopt different strategies. Aggressive traders who want to keep up with the pace can consider entering with small positions. However, if you prefer a more conservative approach, waiting and observing for clearer signals is also entirely reasonable. After all, market opportunities are always present, and there's no need to gamble every time.