Recently, I have been monitoring the ETH trend. My judgment is that this rebound may encounter resistance around 3400, followed by a pullback. If it breaks through 3500, the bears might get liquidated, but I think this is just a short-term rebound strength. The true direction should still be downward, with a target towards the 2800 range or even lower.



Let me share my own trading approach. The short position I opened at 3307 has already been closed. Currently, my strategy is to take some small long positions around 3188 to hedge risk. To control the drawdown, I set a stop-loss at 3170. If it breaks below this level, it means the recent support has been broken, and there is still room for further decline in the short term.

These are just my personal market observations and trading ideas. Specific operations should be adjusted according to your own risk tolerance. The market is ever-changing, and setting stop-losses and managing positions are always the top priorities.
ETH-3.48%
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NeonCollectorvip
· 5h ago
3170 broke, gotta run. This wave feels like it's going down to 2800 again...
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MetaMuskRatvip
· 5h ago
3400 cannot be broken, this rebound is just a fake-out --- Come on, it's all about hedging, why not just go all in directly haha --- 2800? Dreaming, I bet it will surge to 4000 --- Setting the stop-loss at 3170 is a bit tight, easy to get washed out --- Closing the short position and going long again, this move is really... a bit tangled --- He speaks cautiously, but it still feels like overtrading --- Small long hedge? Sounds like a gambler's self-soothing --- I just want to ask, if this strategy falls below 3170, what to do next, continue to stop loss or take the plunge --- ETH is really hard to predict, but your thinking is still relatively clear --- Liquidation at 3500? Come on, this rebound isn't that strong
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SerumSurfervip
· 5h ago
The 3400 level is indeed quite critical, but I'm more concerned about whether your stop-loss setting is a bit tight. I saw the surge past 3500 leading to liquidation, and it was quite crazy. However, expecting a short-term rebound to 2800 and going short might be a bit overly optimistic. Hedging is a good strategy, but even with small amounts, you need to be cautious about a sudden drop.
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SchroedingerMinervip
· 5h ago
Bro, the market trend is really strange, 3400 is definitely a hurdle. If 3500 breaks, no one can escape the liquidation feast, but if it drops to 2800... that feels a bit pessimistic. The stop-loss is set quite tight, but sometimes the market just likes to wipe out your stop-loss before rising, which is the most annoying. Actually, what I'm most afraid of is that foggy market condition, where it can't go up or down, trapping you. Position management is truly the key to survival, you're right about that.
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PoetryOnChainvip
· 5h ago
3400 resistance level, bottom at 2800? Brother, I'm betting on this move.
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DeFiCaffeinatorvip
· 5h ago
3188 long hedge, this guy's stop-loss awareness is pretty good, but can 2800 really drop that much? Feels a bit too pessimistic.
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CryptoTarotReadervip
· 5h ago
3400 is really a tough level; I'm also watching this resistance... However, your hedging logic is quite safe. Once 3500 breaks, the bears will flood the river, but I still lean towards the final victory of the bears. That 2800 bottom line is a bit absolute; you need to be prepared. I think the stop-loss at 3170 is set quite tightly, after all, short-term volatility can easily sweep it away. But this way, risk can be controlled, which is indeed stable. Your approach is quite similar to mine—small long positions to support the market, but truly profitable trades depend on shorting during declines, right? The biggest risk in this kind of market is lacking stop-loss awareness. Bro, you understand this well, much smarter than those all-in players.
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