$ETH is correct again, the highest point is perfect, the lowest reached so far is 1863, continue to watch for a decline, and look to buy spot when it reaches the 980-1480 range
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发财小马
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Bearish#ETH ETH The current upward momentum is like "climbing without oil":
Short-term performance: It may slightly retrace to around 1980 - 2000 due to short covering, but it is difficult to stabilize.
Main risk: The support around 1900 is actually very weak. Because retail long positions are too crowded, the main force has a strong impulse to push down to the 1850 - 1880 range to seek liquidity (i.e., triggering retail stop losses).
Operational advice:
Do not chase longs just because there hasn't been a decline at this level thinking the momentum is strong. If the price rebounds without volume and faces resistance around 2000 USDT, it is instead a high-probability point to take a bearish view (betting on a pin bar pullback).
Short-term performance: It may slightly retrace to around 1980 - 2000 due to short covering, but it is difficult to stabilize.
Main risk: The support around 1900 is actually very weak. Because retail long positions are too crowded, the main force has a strong impulse to push down to the 1850 - 1880 range to seek liquidity (i.e., triggering retail stop losses).
Operational advice:
Do not chase longs just because there hasn't been a decline at this level thinking the momentum is strong. If the price rebounds without volume and faces resistance around 2000 USDT, it is instead a high-probability point to take a bearish view (betting on a pin bar pullback).