Observing Ethereum's performance around 3130, there is indeed a clear buying interest below that level. This weekend, market liquidity was already insufficient, which is why we saw a rapid spike to 3115, only to be quickly pulled back. This kind of sharp rise followed by a slow decline is a typical characteristic of main players offloading their positions. Retail investors aiming to absorb chips at lower levels should be cautious.



As for my trading plan, it is as follows: First, set a proper stop-loss level; protecting the principal is the top priority. Then, gradually close positions in stages—initially reducing about 70% of the holdings around 3100, and the remaining part will depend on the subsequent market trend. If the support can hold, set the target between 3050 and 3000. This approach not only locks in profits but also leaves room for a potential rebound.
ETH1.57%
View Original
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.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
CoinBasedThinkingvip
· 14h ago
I know this move of the main force too well. They start playing this trick when liquidity is low over the weekend... Cutting 70% of the position at 3100 is not bad. I'm just worried that if it really drops to 3050 later, I might regret it.
View OriginalReply0
FreeMintervip
· 01-05 01:55
Oh man, I'm tired of this main force's tricks. They start exploiting liquidity during the weekend when it's thin, a typical fake-out move. 70% of the positions are running at 3100. I think we need to be more aggressive; this wave looks very fierce. Whether they can hold the critical level at 3050 is the real test. We'll see the true strength then.
View OriginalReply0
GasGuzzlervip
· 01-04 21:53
The main force's tactics are really played out; I've seen it too many times... Reducing positions by 70% at 3100 was actually a bit conservative.
View OriginalReply0
NotSatoshivip
· 01-04 21:53
The main force is selling so obviously. I almost got fooled, but luckily I didn't go all-in.
View OriginalReply0
NFTArtisanHQvip
· 01-04 21:46
the liquidity vacuum play is fascinating here—what you're describing sounds almost like a deconstructed market microstructure, wherein the weekend illiquidity becomes this canvas for whale choreography. that 3115 spike reads less as noise and more as... performative price action, you know?
Reply0
GateUser-beba108dvip
· 01-04 21:41
The main players are tired of this tactic. Reducing 3100 by 70% is still too greedy. I choose to just run away.
View OriginalReply0
GateUser-addcaaf7vip
· 01-04 21:41
Oh no, it's the main force's typical dump again. During weekends when liquidity is low, it's easy to be shaken out. That needle at 3115 was really perfect. --- Closing positions in stages sounds stable, but cutting 70% at 3100 is a bit harsh; it might rebound and hit you back. --- Instead of holding until 3050, it's better to take profits early. The potential for a rebound is just a hypothetical. --- Stop-loss first, no doubt, but be careful not to slip and get cut in half again. --- This weekend's market movements, just watch and don't take it too seriously. The main force's tactics are just these few tricks.
View OriginalReply0
FundingMartyrvip
· 01-04 21:33
That needle at 3115 is indeed fierce; it was just sliced through over the weekend. The main force's tactics are quite aggressive.
View OriginalReply0
GasDevourervip
· 01-04 21:26
The main force's rhythm this time is indeed a bit fierce. I also reduced my position around 3100, not daring to be too greedy. --- Playing the rebound of the spike with this routine is quite skillful; be careful of getting trapped. --- Weekend low liquidity really acts as an amplifier. It looks scary, but it's actually just like that. --- Gradually closing positions is a safe move, but is the target of 3050 a bit too aggressive? --- Being alert to main force dumping is correct, but there are indeed buyers at the bottom. Just see who reacts faster. --- Setting stop-loss properly is very reasonable; it's more important than anything else.
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)