#以太坊行情解读 The story of Ethereum written on the K-line
From 3077 down to 2899, this decline is not a correction; it's bears flexing their muscles. Currently, ETH is stuck below the middle band of the Bollinger Bands, and the bulls' defense line is about to break down.
I see three dimensions that can clarify the current situation.
**Position is the most critical.** The price is firmly suppressed by the middle Bollinger Band. The upper band is the top, the lower band is the bottom, and the middle band is the true dividing line between bulls and bears. Each rebound gets crushed again, which indicates weakness. Unless there's a volume breakout above the middle band, any rebound is just a trap.
**Indicators also confirm a bearish trend.** The fast and slow MACD lines crossed below zero and haven't turned back up. Although the green bars haven't expanded, the direction hasn't changed—what does this mean? The bearish momentum hasn't faded. Currently, bottom-fishing is going against the trend, and you'll definitely lose out.
**Volume can be more deceptive.** No volume during declines, no volume during rises; big players are all hiding. What are they waiting for? A genuine breakdown signal or evidence of a market reversal.
**How to trade practically?**
To go long, wait for ETH to increase volume and stabilize above the middle band before adding positions. Don't act before it crosses above the middle band. To go short, consider shorting when a rebound approaches the middle band, with a stop-loss set just above the middle band. The core logic is simple: small trial-and-error trades for big opportunities. The market's harshest scythe always cuts those who are impatient.
After so many years of bulls and bears rotating, not every trader wins by betting correctly every time, but those who cut losses quickly when wrong survive. Currently, bears are in the lead, so we play along with the bears; when bulls regain the middle band, we switch back to long positions. That's it.
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
4
Repost
Share
Comment
0/400
LiquidityWhisperer
· 11h ago
If the midline can't be broken, then you have to accept it. Trying to buy the dip recklessly will only get you cut.
View OriginalReply0
TokenRationEater
· 11h ago
Starting to hype the middle band again. Last time I said this, ETH directly broke below it.
View OriginalReply0
QuietlyStaking
· 11h ago
The midline barrier is really trapping us; every rebound gets crushed. To put it simply, the bears are still wielding their swords and guns.
Wait for the volume to break through the midline; until then, I won't do anything.
View OriginalReply0
NFTPessimist
· 11h ago
It's the same mid-line theory again, everyone who bought the dip has died, I just watch.
How much longer will the bears keep crashing? I'm stuck at 2950, it's over.
This time is really different, no volume, no one, feels like the big players have all left.
Waiting for the mid-line to stabilize? Might as well wait for the Year of the Monkey and Horse, once the trend reverses, it's game over.
The Bollinger mid-line is just a decoy, who knows where the real bottom is.
A small trial order sounds good, but I've already gone all in, haha crying.
This round of decline is indeed fierce, the bulls are really running out of blood.
Set stop-loss above the mid-line? How much more do I need to add? Forget cutting losses.
#以太坊行情解读 The story of Ethereum written on the K-line
From 3077 down to 2899, this decline is not a correction; it's bears flexing their muscles. Currently, ETH is stuck below the middle band of the Bollinger Bands, and the bulls' defense line is about to break down.
I see three dimensions that can clarify the current situation.
**Position is the most critical.** The price is firmly suppressed by the middle Bollinger Band. The upper band is the top, the lower band is the bottom, and the middle band is the true dividing line between bulls and bears. Each rebound gets crushed again, which indicates weakness. Unless there's a volume breakout above the middle band, any rebound is just a trap.
**Indicators also confirm a bearish trend.** The fast and slow MACD lines crossed below zero and haven't turned back up. Although the green bars haven't expanded, the direction hasn't changed—what does this mean? The bearish momentum hasn't faded. Currently, bottom-fishing is going against the trend, and you'll definitely lose out.
**Volume can be more deceptive.** No volume during declines, no volume during rises; big players are all hiding. What are they waiting for? A genuine breakdown signal or evidence of a market reversal.
**How to trade practically?**
To go long, wait for ETH to increase volume and stabilize above the middle band before adding positions. Don't act before it crosses above the middle band. To go short, consider shorting when a rebound approaches the middle band, with a stop-loss set just above the middle band. The core logic is simple: small trial-and-error trades for big opportunities. The market's harshest scythe always cuts those who are impatient.
After so many years of bulls and bears rotating, not every trader wins by betting correctly every time, but those who cut losses quickly when wrong survive. Currently, bears are in the lead, so we play along with the bears; when bulls regain the middle band, we switch back to long positions. That's it.