Recently, ETH's rise has been quite impressive, with the price steadily holding above the key level of 3080, clearly showing a bullish trend on the hourly chart. As the weekend approaches, many people are starting to worry about a potential big震荡, especially those caught in short positions, feeling quite anxious.
But to be honest, the current bullish pattern remains quite solid. From the trend, the bulls have already taken control of the market, and holding above 3080 is the best signal. The short-term upward trend is very clear, and weekend fluctuations are just normal market adjustments, not a warning of trend reversal.
From a capital perspective, the inflow of funds has been quite strong during this period, providing solid support for ETH. This financial backing is enough to absorb the pressure that short-term volatility might bring.
For those caught in short positions, my advice is not to rush. Don't make reckless moves in a choppy market; wait for the right entry points, and use technical indicators to find a good position to stop loss and exit, preventing losses from expanding further. On the bullish side, traders can take advantage of these fluctuations to adjust their positions, adding some at lows to prepare for the upcoming market moves.
In simple terms, ETH's bullish momentum is still intact, and weekend volatility is nothing unusual. The key is for investors to stay rational, focus on the long-term trend, and not be scared by short-term ups and downs.
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LiquidatorFlash
· 01-07 19:07
The 3080 threshold can only be considered a true pattern if it holds, don't be scared by weekend shakeouts.
I'm most worried about a sudden reversal in the funding situation; at that point, the threshold trigger won't be negotiable.
Brothers who are caught in short positions, don't blindly add to your positions; liquidation risk is something most people can't handle.
Wait, how much buffer is there below the 3080 support level? If it falls below 2950, I feel it will be very uncomfortable.
Even if the bulls are stable, they must guard against a high leverage liquidation wave; at that time, even the collateral ratio won't save you.
Short-term adjustments are normal, but is such a thick lending position really safe? I'm a bit PTSDed.
Be careful with weekend volatility, as the smart contract risk control might be triggered, and it will be too late to react.
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ProofOfNothing
· 01-07 03:55
If I can't hold onto the 3080, I'll admit defeat. This time, I truly feel it's different.
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ImpermanentPhilosopher
· 01-04 20:42
Only those who can hold onto the 3080 are true bulls. Weekend fluctuations are very normal, don't scare yourself.
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AllInDaddy
· 01-04 20:32
Can't really hold on to a short position that's been trapped, still gotta take more hits over the weekend haha
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airdrop_huntress
· 01-04 20:28
If you can't hold onto the 3080, it's game over. Bet a little and hope it doesn't drop over the weekend.
Recently, ETH's rise has been quite impressive, with the price steadily holding above the key level of 3080, clearly showing a bullish trend on the hourly chart. As the weekend approaches, many people are starting to worry about a potential big震荡, especially those caught in short positions, feeling quite anxious.
But to be honest, the current bullish pattern remains quite solid. From the trend, the bulls have already taken control of the market, and holding above 3080 is the best signal. The short-term upward trend is very clear, and weekend fluctuations are just normal market adjustments, not a warning of trend reversal.
From a capital perspective, the inflow of funds has been quite strong during this period, providing solid support for ETH. This financial backing is enough to absorb the pressure that short-term volatility might bring.
For those caught in short positions, my advice is not to rush. Don't make reckless moves in a choppy market; wait for the right entry points, and use technical indicators to find a good position to stop loss and exit, preventing losses from expanding further. On the bullish side, traders can take advantage of these fluctuations to adjust their positions, adding some at lows to prepare for the upcoming market moves.
In simple terms, ETH's bullish momentum is still intact, and weekend volatility is nothing unusual. The key is for investors to stay rational, focus on the long-term trend, and not be scared by short-term ups and downs.