#ETH走势分析 $BOB finally lost the key support level of 0.02 during the early morning hours. Yesterday, someone opened a short position around 0.021, and it turns out that was a fairly accurate call—currently showing an unrealized profit of 470u. While it’s not a windfall, it’s still a solid and steady gain.



From the on-chain data, the trend of capital outflows is quite clear. Institutional whales are continuously reducing their positions, and this signal shouldn’t be ignored. Technically, BOB has entered a clear downward channel, and a short-term reversal seems unlikely.

At this level, I personally prefer to wait for a rebound before looking for new shorting opportunities. Once a downtrend is established, bottom-fishing against the trend often carries greater risk. Of course, the exact entry timing will depend on the signals from the market.
ETH0.93%
BOB-2.7%
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
  • 3
  • Repost
  • Share
Comment
0/400
gas_fee_traumavip
· 15h ago
After 0.02 was broken, institutions really started to pull out. This short position is rock solid. Waiting for a rebound to go short is definitely safer—I've long given up on trying to catch the bottom.
View OriginalReply0
Whale_Whisperervip
· 15h ago
Is 470u considered stable? Bro, you call this stable? I just got a small position stuck at 0.019 yesterday. Now, seeing your analysis, I feel relieved, haha.
View OriginalReply0
AlphaWhisperervip
· 15h ago
470u's operation this time is really steady, but to be honest, I don’t really trust the signal that institutions are reducing their positions. Shorting on the rebound sounds easy, but when the market actually gives the signal, why is it that no one dares to enter?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)