The early session adjusted the Ethereum short positions. After repeated observation, it was found that the market direction remains weak. The hourly chart shows continuous decline, with the bears clearly in control. The 3060 level forms a strong resistance zone; if it reaches 3065, consider stop-loss planning. Short positions have been re-established at a favorable price, with technical targets pointing to 2960 as the near-term goal. Currently, the position is in floating profit, and patience is needed to hold the current holdings while waiting for the target levels to be gradually reached. This wave of decline is quite clear in structure; as long as the resistance level holds, the bearish outlook remains stable.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
3
Repost
Share
Comment
0/400
MercilessHalal
· 10h ago
This critical position at 3060 is really holding firm. The bearish strategy is still quite clear; now it's just a matter of whether we can hold the line.
View OriginalReply0
SilentObserver
· 10h ago
Can the 3060 barrier hold? It feels a bit uncertain.
View OriginalReply0
NestedFox
· 10h ago
If you can't hold on to the 3060, you'll have to admit defeat. However, this wave's structure is indeed clear and a bit interesting.
The early session adjusted the Ethereum short positions. After repeated observation, it was found that the market direction remains weak. The hourly chart shows continuous decline, with the bears clearly in control. The 3060 level forms a strong resistance zone; if it reaches 3065, consider stop-loss planning. Short positions have been re-established at a favorable price, with technical targets pointing to 2960 as the near-term goal. Currently, the position is in floating profit, and patience is needed to hold the current holdings while waiting for the target levels to be gradually reached. This wave of decline is quite clear in structure; as long as the resistance level holds, the bearish outlook remains stable.