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#以太坊行情解读 Night Market Quick Review📊
Today’s market trend mainly maintained high-level fluctuations, with obvious liquidity shortages — during Christmas Eve and Christmas, many large funds have entered holiday mode. Tomorrow is a traditional American holiday, and the stock market will also be closed, which often leads to unexpected volatility.
My judgment is: U.S. stocks may experience a short-term rebound, but the rebound space is limited, and a downward cycle is likely to follow. This rhythm is common during holidays.
**What is the current situation of ETH?**
Ethereum faces significant resistance in the 2980-2960 range. My approach is to try shorting here, with the first target below at 2850. I will discuss specific entry points and risk control details with everyone in the community. Interested fans can join to connect.
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2980 not broken, then it's a bit pointless. How to execute the short positions?
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It's the same old story, US stocks have limited rebound space and then crash. I've been listening for half a year and haven't nailed it once haha
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Christmas holiday just loves to have this calm and uneventful market, so boring
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ETH to 2850? Let's wait and see, I have a feeling a black swan will crash the market
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Big funds are on holiday, and retail investors are still watching here. Honestly, it's a bit ridiculous
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Lack of liquidity might cause a sharp drop, holidays are the easiest time for accidents
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Risk control details are discussed in the community, feels like another routine trick
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Short at 2980? Bro, I dare not touch it. Holiday market is too unpredictable
I also looked at 2850, but I feel this wave might be even more intense.
Wait, isn't this the same as last year's Christmas wave? Is history repeating itself?
Shorting is fine, but I'm worried about black swan events.
Why has it been stuck at 2980 for so long? Should I just go all in?
I think 2850 has support, and we'll see a rebound then.
When liquidity is scarce, support levels are most likely to be broken. You have to experience losses to truly understand this principle.
Basically, I'm just waiting to see how the US stock market opens, and ETH will follow.
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Going short again? Can you really hold through this wave?
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Big funds are on vacation, retail investors are bleeding heavily. This is the reality.
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The 2850 target is a bit aggressive. What if there's a rebound?
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Holidays are the most annoying. Wake up to another big plunge.
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The resistance level is indeed obvious, but I still think a rebound is more likely.
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The stock market is closed, but Ethereum is still falling. Such is fate.
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This kind of market situation is just money going to the big players.
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Shorting at 2960 sounds good, but I don't have the guts to take this position.
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Big funds have all left, leaving us retail investors to cut each other.
The 2980 level definitely feels pressured, but I usually don't move during holiday market conditions.
With insufficient liquidity, how dare I hold heavy positions? This is when you're most likely to get cut.
Let's wait until the US stock market opens; right now, the risk of shorting is a bit high.
The Christmas holiday market this time is indeed strange. Who's going to pick up the slack after the big funds have run away?
The 2980 resistance level is a bit weak, so let's wait and see, no need to rush.
Big funds are all on vacation, what are retail investors messing around for haha.
Short positions depend on risk control; the 2850 target sounds good, but stop-loss needs to be set properly.
That's how Christmas Eve market is, mostly driven by gambling mentality.
Can the short at 2980 really break below 2850? It looks a bit uncertain to me.
On Christmas Eve, most big funds are on holiday, only our group is here watching the market haha.
I agree that the rebound has limited room, but the extent of the decline also depends on how much it can drop.
Can 2850 drop? Feels uncertain.
I'm a bit hesitant to short at this level. During holidays, such strange periods often lead to being trapped.