Last night, how many people were staring at the ETH's up and down spikes, thinking it was going to crash, that a big short was coming? As a result, the market surged sharply, directly jumping to 3200! Did you also itch to short and are now stuck tightly?
After the surge, are you panicking?
News: Good and bad news are both in play
Let’s start with the bad news. The Ethereum Fusaka upgrade was officially activated this morning. This is the second major revision this year, directly raising the block gas limit to 60 million and conveniently reducing Layer 2 transaction fees by 40%-60%. What does this mean? On-chain activity may explode, which is a strong booster for ETH in the long run.
But good news has also come. The Governor of the Bank of Japan, Kazuo Ueda, just stated that 'the neutral interest rate is fundamentally uncertain, but the nominal interest rate must rise.' As a result, the yield on Japan's 10-year government bonds soared to the highest level since 2007! What does this mean? Global funds may need to withdraw and repay Japanese debt, which is bearish for risk markets, so the market just dropped, which is good for our short position arbitrage.
Technical aspect: There are hidden currents in the rebound signals.
Let's look at the 4-hour K-line again. The overall trend is indeed rebounding, and the MACD white and yellow lines have already crossed at the 0 axis, looking like the bulls are about to gain strength. But be careful, the RSI has already entered the overbought zone and may pull back at any time.
Two rebound resistance levels: 3370 and 3640, both are easy points for failure; the support level should first look at the 3100-2870 range, and below that is the major bottom at 2620. But if you understand 'reducing positions in batches + hedging rebounds,' you might still be able to turn losses into profits!
The secret's breaking free strategy (only half explained, the rest you can find the secret)
For those with light positions: you can gradually add to your short position in the 3200-3250 range to average your price.
For those with heavy positions: you must set stop losses to prevent liquidation! Also, pay attention to the key level of 3100. If it falls below that, there may still be a chance to break even.
For those looking to turn their situation around: I will explain 'how to use hedging positions to break free in a surging market,' suitable for retail investors who are trapped.
But how exactly to hedge? What tools to use? How to catch the points? I cannot fully explain these here, it's too sensitive and could easily lead to copying. If you truly want to learn, find the secret, and I will guide you step by step.
Do not blindly catch the bottom, and do not stubbornly hold onto short positions! Instead, learn to watch the trend, follow the news, and control your positions. This wave of ETH's rise has not ended yet. If you are still operating against the trend, you will only lose more. The secret is shared daily in the village with real-time strategies and case studies for breaking free. Many fans have already transformed from 'being trapped' to 'taking proactive action.' Your choice today determines whether you will be the chives or the player tomorrow.
