Want to continue shorting? No problem at all, but here’s a key prerequisite: your short position must be opened above 3010, and you need to set a proper stop-loss for protection. If your previous entry was average, and you want to gamble a bit, then firmly place your stop-loss at 3056.
Let’s emphasize: currently holding a short position is not the same as recommending to reopen a short at this level. Don’t confuse the two.
From the four-hour chart, the price below 3045 is facing obvious resistance, so the entire four-hour cycle remains bearish. A bullish reversal? Not likely for now. If you really want to turn bullish, you must stay above 3045-3040, but even that key level hasn’t been touched yet.
So the logic is clear: if you open a short above 3010, set a breakeven stop-loss; if you open lower, use 3056 as your stop-loss. Follow the trend and current resistance levels to continue testing downward, allowing profits to extend further.
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BTCWaveRider
· 13h ago
Short positions are only safe above 3010, 3056 is the lifeline, don't mess around, brother.
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TokenRationEater
· 13h ago
Not cutting losses at 3010 is just gambling; I've seen too many people caught in traps.
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SandwichVictim
· 13h ago
Only short above 3010 has confidence; otherwise, don't gamble blindly.
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All-InQueen
· 13h ago
Trading short positions above 3010 is more reliable; remember this point.
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Want to take a gamble again? Stick firmly to 3056, don't mess around.
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You're still holding positions now, right? Don't go for the re-opening strategy.
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If 3045 can't break the bullish trend, there's no hope. Keep holding short.
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Resistance levels are right in front of you, and there's still plenty of room to extend downward.
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Set your stop-loss either to break even or at 3056, choose one and don't hesitate.
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The four-hour bearish rhythm hasn't changed; continue following the trend.
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Key levels haven't stabilized yet, and you still want to go long? What are you thinking?
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It's most comfortable to hold now if you opened above 3010.
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For those who opened at low levels, just use 3056 to lock in profits—it's that simple.
View OriginalReply0
FrontRunFighter
· 13h ago
yo this 3010 level is where the real liquidity gets extracted... classic sandwich setup if u ask me. the "pressure points" they're talking about? that's literally where mev bots are salivating rn ngl
Reply0
HodlTheDoor
· 13h ago
The short positions above 3010 can still be played, but don't mess around with the ones below. Don't run away from the 3056 iron gate.
Ethereum( ETH) Short-term Trend Update
Want to continue shorting? No problem at all, but here’s a key prerequisite: your short position must be opened above 3010, and you need to set a proper stop-loss for protection. If your previous entry was average, and you want to gamble a bit, then firmly place your stop-loss at 3056.
Let’s emphasize: currently holding a short position is not the same as recommending to reopen a short at this level. Don’t confuse the two.
From the four-hour chart, the price below 3045 is facing obvious resistance, so the entire four-hour cycle remains bearish. A bullish reversal? Not likely for now. If you really want to turn bullish, you must stay above 3045-3040, but even that key level hasn’t been touched yet.
So the logic is clear: if you open a short above 3010, set a breakeven stop-loss; if you open lower, use 3056 as your stop-loss. Follow the trend and current resistance levels to continue testing downward, allowing profits to extend further.