Ethereum's short-term rally has been decent, but it failed to break through and stabilize above the 3060 level this morning, which is worth pondering.
Many people are watching the 3060 level, why? Because it is an important previous high point. When the price repeatedly tests a key resistance level but fails to hold, it usually signals a correction, and a bearish opportunity may arise.
From a risk-reward perspective, shorting at this verified high point of 3060 still makes sense—risk is clear, and stop-loss levels are well-defined. Of course, the key is to distinguish whether the rebound is weak or if a true breakdown has occurred; these two scenarios determine the subsequent trend.
Positions that have already exited can be set aside for now, as the next wave of market movement is brewing. Continue to observe how the price moves.
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DiamondHands
· 6h ago
The 3060 threshold is really interesting; repeatedly testing it without breaking through. This situation really requires careful observation.
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If it doesn't break the level, I have to keep waiting. I'm not in a hurry anyway, as the market is still brewing.
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This wave is indeed weak, and the bearish signals are becoming more and more obvious.
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If 3060 can't be broken, it feels like an adjustment is coming. Better to exit early than get caught.
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I keep watching 3060 every day, I'm already tired of it. When will there be a real breakthrough?
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Clear risk management and stop-loss strategies—this logic has no flaws. It all depends on how it develops later.
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Weak rebounds and level breaks are two key points; understanding them can truly determine profit or loss.
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If it can't stand firm, that's a signal. We'll keep observing.
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LiquidationKing
· 6h ago
3060 repeatedly touches but does not break, which clearly indicates the issue. The bears should exit the market.
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Is the rebound weak or is it a true breakdown? This is the key to decision-making. It seems we need to continue observing patiently.
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If we can't stabilize above 3060 this wave, I won't be bullish anymore. Let's wait and see.
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3060 has been stuck for so long, it feels like the adjustment signal is indeed there.
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The failed attempt in the morning suggests that the next breakout will probably be difficult.
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The short-selling logic is clear, stop-loss is easy to set, and risk is controllable. This approach is good.
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Breakdown or rebound, it all depends on this wave. It's a bit uncertain.
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All positions have been exited; now it's just a matter of how the market will develop.
View OriginalReply0
PensionDestroyer
· 6h ago
3060 keeps bouncing back, this is very subtle. Are the bears sharpening their knives?
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It's the same old weak rebound, tired of it. Can we just break through already?
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Shorting based on cost performance? Fine, I'll just watch how you get trapped.
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If I knew 3060 was this strong, I should have exited earlier.
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What are they brewing? Wouldn't a big drop be more satisfying?
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Repeated testing is just baiting stop-losses, the tricks are deep, everyone.
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This 3060 hurdle feels like either a breakout or a complete collapse.
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Let's observe a bit more, then maybe it's time to run.
View OriginalReply0
LiquidatedAgain
· 6h ago
3060 didn't break again, is this really a weak rebound or a trap to shake out? I bet it's a trap to shake out because I always get shaken out.
Shorting has a high cost-performance ratio, but you know what, the highest cost-performance ratio is often when liquidation happens the fastest.
I'm confident in your stop-loss levels. Last time, I lost everything because I didn't set the liquidation price properly, and I woke up to find it gone.
View OriginalReply0
Ser_This_Is_A_Casino
· 7h ago
This level 3060 is really interesting. Trying repeatedly without stabilizing, whether to be brave or cowardly, I'm watching you.
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CryptoCross-TalkClub
· 7h ago
The 3060 keeps testing but can't stabilize, this is basically an invitation for the bears, hilarious.
It's that time again to say "I've seen the market trend clearly," only to get caught after betting 5 bucks and turning around.
Stabilize? When has our industry ever stabilized? It's all about rising high and falling back.
Dear leek leaders, if this wave breaks the support, can we still continue to perform cross-talk next year?
Ethereum's short-term rally has been decent, but it failed to break through and stabilize above the 3060 level this morning, which is worth pondering.
Many people are watching the 3060 level, why? Because it is an important previous high point. When the price repeatedly tests a key resistance level but fails to hold, it usually signals a correction, and a bearish opportunity may arise.
From a risk-reward perspective, shorting at this verified high point of 3060 still makes sense—risk is clear, and stop-loss levels are well-defined. Of course, the key is to distinguish whether the rebound is weak or if a true breakdown has occurred; these two scenarios determine the subsequent trend.
Positions that have already exited can be set aside for now, as the next wave of market movement is brewing. Continue to observe how the price moves.