Ethereum's recent sideways movement during this decline is indeed a bit concerning. Yesterday, I wanted to hedge my position, but I found that the short position limit was quite strict, allowing a maximum of only 2000 USDT, so I ultimately gave up.
Since the hedge didn't work out, I added some positions at the 3170 level. Looking at the 15-minute chart now, a bullish bullish divergence pattern has appeared, which is a pretty good signal. However, to be honest, whether this wave can be smoothly unwound remains uncertain; the previous long position situation is also quite similar.
The short-term technical outlook has improved, but market sentiment remains cautious. Continue to observe the subsequent trend and see if it can break through the previous resistance level. The market is like this—sometimes persistence pays off, and sometimes you have to accept the reality of being trapped.
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.
8 Likes
Reward
8
7
Repost
Share
Comment
0/400
GamefiEscapeArtist
· 6h ago
If you can't get insurance, then add to your position. This move is a bit aggressive.
View OriginalReply0
governance_lurker
· 10h ago
The short position limit is tightly enforced. This exchange is really unbelievable; they won't even let you hedge.
View OriginalReply0
BlockchainFries
· 10h ago
The short position limit is restricted so tightly, is the exchange afraid that we will make money? Haha
Bought the dip at 3170, let's see if we can turn things around this time. The bullish divergence at the bottom is indeed a signal.
View OriginalReply0
TokenomicsTinfoilHat
· 10h ago
Hedging limits are making it frustrating, so I just increased my position. This move definitely has some gambling elements to it.
The underlying divergence looks good, but do you really dare to go all in?
It feels like the market is just wearing down people's patience now. Sideways trading is the most annoying.
View OriginalReply0
ThatsNotARugPull
· 10h ago
Only 2000 USDT for short position limit? This exchange is really something, protecting us like thieves. Just add to your position if you want, since we're all trapped anyway, no need to overthink.
View OriginalReply0
SellTheBounce
· 10h ago
Starting to add to your position again, brother. There's always a lower point.
When it rebounds, you should sell. Don't be fooled by the 15-minute divergence.
Is the technical outlook improving? Haha, I've heard this line every cycle, and in the end, you're still the one holding the bag.
That small amount added at 3170, get ready to eat dirt.
History tells us that when bullish signals appear, a big drop is not far off.
Limit orders are actually a blessing from above to save you, but you actively keep throwing yourself in.
View OriginalReply0
SerumSurfer
· 10h ago
Hedging quota is really something else; the contracts side has been tightening up more and more recently...
The underlying divergence looks good, but I don't know if this time will really be effective. Being trapped is truly uncomfortable.
Now it's all about whether we can break through that resistance level, or else we'll have to wait longer.
Adding to the position, adding to the position—since we're already trapped, might as well take a gamble.
The 15-minute signal feels decent, just worried it might be a false alarm again.
Ethereum's recent sideways movement during this decline is indeed a bit concerning. Yesterday, I wanted to hedge my position, but I found that the short position limit was quite strict, allowing a maximum of only 2000 USDT, so I ultimately gave up.
Since the hedge didn't work out, I added some positions at the 3170 level. Looking at the 15-minute chart now, a bullish bullish divergence pattern has appeared, which is a pretty good signal. However, to be honest, whether this wave can be smoothly unwound remains uncertain; the previous long position situation is also quite similar.
The short-term technical outlook has improved, but market sentiment remains cautious. Continue to observe the subsequent trend and see if it can break through the previous resistance level. The market is like this—sometimes persistence pays off, and sometimes you have to accept the reality of being trapped.