This week, ETH's performance has been quite impressive, successfully holding the key support level at 3080. The one-hour candlestick pattern looks very bullish, and market buying enthusiasm continues to rise. So, how will the weekend market unfold? This has become a question on many people's minds.
Based on past patterns, participants in the crypto market tend to be fewer during weekends, and liquidity also shrinks accordingly. In such an environment, increased volatility or repeated oscillations are quite common. ETH's recent rally has lasted for some time, and it is now facing the previous resistance level at 3200—most likely, the weekend will be a period of consolidation aimed at accumulating energy for the next upward move.
For long-position traders, whether the 3080 level can hold is a crucial confidence indicator. As long as this level is not effectively broken, the upward trend remains intact. However, if it does break down, the short-term bullish pattern will likely be rewritten.
If your short position is currently trapped, the most important thing now is to stay rational. During a clear upward trend, do not stubbornly hold on without stop-loss—this will only increase your losses. Consider using the weekend consolidation period to find a suitable exit point or at least reduce your position to leave more room for maneuver.
Another thing to watch closely is the trading volume. If volume continues to increase and breaks upward, the move toward 3200 will accelerate significantly; conversely, if volume does not follow, the market may remain sideways for a longer period.
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GateUser-a606bf0c
· 01-04 21:10
3080 really has to stabilize for me to feel at ease, otherwise I’ll have to suffer from insomnia again over the weekend
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My short position got trapped and deadlocked, now I’m just waiting for the weekend to find an opportunity to cut losses and exit
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If the trading volume doesn’t pick up, this rally might come to a halt, so I’ll wait and see for now
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The bullish sentiment is good, let’s see if 3200 can break through this barrier
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Liquidity is poor over the weekend, and that’s when all sorts of surprises are likely to happen. I’ve decided not to move for now
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Setting stop-loss is easy to talk about but hard to do. If you’re truly at a loss, who would still be willing to cut?
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I feel like 3080 can’t be broken, and maybe it will really take off afterward. I’m placing a bet
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Trading volume is the key. Any rise without volume is just empty talk
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Weekend consolidation is normal. I’ve heard the idea of energy accumulation too many times
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There’s no problem with the bullish pattern, I just fear a sudden plunge over the weekend that could crush the mood
View OriginalReply0
OptionWhisperer
· 01-04 16:51
If 3080 can't hold, it's game over. This bullish wave really depends on this line.
If the volume doesn't follow, it's just fake signals. Don't believe in consolidation and accumulation.
Brothers who are trapped in short positions over the weekend, are you exiting now or holding on?
ETH hitting 3200 doesn't seem that quick; it's just moving sideways and dead.
Trading volume is the real boss; without volume, all resistance levels are meaningless.
Honestly, if 3080 breaks, I'll close long positions and switch to short. Trends can change instantly.
View OriginalReply0
NFTPessimist
· 01-04 16:51
Whether the 3080 can hold or not is the real question. A bunch of people are hyping up the volume increase, but I think it's probably just a false alarm again.
View OriginalReply0
RiddleMaster
· 01-04 16:47
Holding onto the 3080 is really crucial. Although the weekend tends to be volatile, it feels like the bulls are quite determined this time.
Brothers caught in short positions, don't hold on stubbornly. Honestly, taking a loss is a hundred times more comfortable than liquidation.
Volume is the key; breakouts without volume are all fake.
Maybe by sleeping over the weekend, 3200 could be broken, or it might hover for a couple of days. Who can say for sure?
This level is a bit tense. If you don't exit, at least set a good stop-loss.
View OriginalReply0
MEVVictimAlliance
· 01-04 16:39
If I can't hold 3080, I will admit defeat. Anyway, losses have already become routine for me.
Getting trapped again over the weekend? I'm used to it. Just waiting to see if I can catch the bottom.
If the trading volume doesn't pick up, it will probably just go sideways and torment people. I'm so tired of this kind of market.
Can 3200 really break through? It feels like a mirage again.
Forget it, I won't look at the K-line anymore. Just wait to be cut over the weekend.
If it breaks the level, so be it. My long positions have already cooled off.
Whether the volume goes up or down, I lose either way. It doesn't matter what I do.
By the way, stop-loss doesn't work for me. I've already gone all in.
This time, 3080 definitely can't hold. I bet five bucks it will break down.
整理整理,搞得跟真有戏似的,还不是诱空
View OriginalReply0
down_only_larry
· 01-04 16:33
If I can't hold onto the 3080, I really can only keep shouting down every day.
This week, ETH's performance has been quite impressive, successfully holding the key support level at 3080. The one-hour candlestick pattern looks very bullish, and market buying enthusiasm continues to rise. So, how will the weekend market unfold? This has become a question on many people's minds.
Based on past patterns, participants in the crypto market tend to be fewer during weekends, and liquidity also shrinks accordingly. In such an environment, increased volatility or repeated oscillations are quite common. ETH's recent rally has lasted for some time, and it is now facing the previous resistance level at 3200—most likely, the weekend will be a period of consolidation aimed at accumulating energy for the next upward move.
For long-position traders, whether the 3080 level can hold is a crucial confidence indicator. As long as this level is not effectively broken, the upward trend remains intact. However, if it does break down, the short-term bullish pattern will likely be rewritten.
If your short position is currently trapped, the most important thing now is to stay rational. During a clear upward trend, do not stubbornly hold on without stop-loss—this will only increase your losses. Consider using the weekend consolidation period to find a suitable exit point or at least reduce your position to leave more room for maneuver.
Another thing to watch closely is the trading volume. If volume continues to increase and breaks upward, the move toward 3200 will accelerate significantly; conversely, if volume does not follow, the market may remain sideways for a longer period.