Have you noticed this strange phenomenon—early yesterday morning, ETH dropped by 100 points, and many people started nervously trying to cut losses. But at the same time, the US stock market and gold were rising, while our crypto market was moving downward. This contrast really hits differently.



I've been trading this market for several years and have experienced many ups and downs. Today, I want to clarify the logic behind this wave of market movements. First, the conclusion—signs of market weakness are already quite obvious, but chasing shorts is definitely not something to do impulsively.

The recent rise in BTC and ETH is actually a false alarm. Previously, many people were shouting "breakthrough and push to 3500," but they were proven wrong, and now we're back in a consolidation zone. The reason behind this is quite clear: traditional safe-haven assets (US stocks, gold) are all rising, indicating that investors' appetite for risk assets is shrinking. The crypto market is the opposite; this isn't just a simple technical correction but a direct reflection of investor confidence being low.

That said, I must honestly tell you—don't rush to short now. ETH is currently holding between 2930 and 2940 and has rebounded slightly a few times. I’ve always been a cautious trader; even if the overall outlook is bearish, as long as key support levels haven't been effectively broken, I won't rush into the market. I've seen too many people get trapped in a short squeeze because of chasing shorts—those lessons are painfully clear. The market's patterns are really unpredictable, and sometimes waiting patiently for the right opportunity yields much better results than impulsive trades.

Regarding ETH trading strategy, shorting during rebounds is the most stable approach. From a long-term perspective…
ETH-1.14%
BTC-0.59%
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CommunityWorkervip
· 5h ago
2930 is struggling again, really annoying.
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NotFinancialAdviservip
· 5h ago
Hey, wait a minute. US stocks and gold are rising while cryptocurrencies are falling? That logic seems a bit abnormal. Funds are fleeing risk, so we have to take the hit here. Those shouting 3500, does your face hurt now... Everyone who has been trapped understands that chasing short positions is the easiest way to get cut off. Wait and see. As long as the support level isn't broken, I won't move. Living steadily is more important than aggressive explosions.
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CountdownToBrokevip
· 5h ago
It's the same old virtual drama, I'm already tired of it. Don't rush to buy the dip; as long as the support hasn't broken, it's all a trap. How are the people at 3500 doing now? Still dreaming, haha. Wait for the rebound to open a short position; now that's a prudent way to live. Traditional assets are rising while we're falling; this signal couldn't be more obvious. Chasing shorts is just giving away money. Wait, wait, wait—patience is the key to lasting longer. Is 2930 really the bottom? I'm a bit hesitant about this rebound.
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MetaverseVagabondvip
· 5h ago
It's the same old story again. I'm already tired of hearing about shorting on rebounds.
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ImaginaryWhalevip
· 5h ago
It's the same old story, I've heard too many times about shorting on rebounds. --- Don't rush if the support hasn't broken; I think the same way. But can 2930 really hold? --- That wave of 3500 was indeed a fake move, probably trapped many people. --- It sounds good, but it's actually just betting on the rebound timing, hard to endure. --- This time is really different; the simultaneous rise of US stocks and gold indicates a problem. --- Patience and waiting for opportunities? Ha, in this market, waiting and waiting ultimately leads to losses. --- The topic of short-term trapping again, I've suffered from this many times. --- ETH this wave is a bit strange; I don't really believe 2930 can become a solid support. --- Talking about a steady trading style sounds nice, but in critical moments, everyone wants to chase short positions.
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AirdropATMvip
· 5h ago
It's starting to be fake again, I know this routine too well. Those chasing the short are all newbies; wait for the rebound before acting. As long as the support level isn't broken, just watch patiently. There's no need to rush.
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SchrodingerProfitvip
· 5h ago
It's the same old虚幻 trick, no longer surprised Bear market套路, one after another, chasing short positions really sending people to their doom Holding at 2930 is the key, it's still early This rebound looks really tempting, waiting for it to come to you is the real strategy Lack of confidence, funds are all fleeing to safe havens
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