After analyzing the Ethereum market this morning, it was found that the current price at 3915 is in a clear resistance area. From the hourly timeframe chart, a top formation characteristic has already been established.
The technical analysis shows that the 3920-3950 range is suitable for establishing short positions. In terms of risk control, it is recommended to set the stop-loss at 3980, while the downside target can focus on the 3850-3800 area. It is worth noting that if the price can effectively break below the key support level of 3880, traders may consider increasing their short positions in line with the trend to capture more potential gains.
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BlockchainBard
· 2025-11-02 01:40
Just go all in on 3880.
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RektButStillHere
· 2025-11-01 11:46
The pattern is small, just go all in on the short order.
After analyzing the Ethereum market this morning, it was found that the current price at 3915 is in a clear resistance area. From the hourly timeframe chart, a top formation characteristic has already been established.
The technical analysis shows that the 3920-3950 range is suitable for establishing short positions. In terms of risk control, it is recommended to set the stop-loss at 3980, while the downside target can focus on the 3850-3800 area. It is worth noting that if the price can effectively break below the key support level of 3880, traders may consider increasing their short positions in line with the trend to capture more potential gains.
$ETH