Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Tonight, there was an interesting phenomenon in ETH's market. In the 3250-3180 range, suddenly hundreds of millions of funds were absorbed, and this level of volume is definitely not something retail investors can cause. The question is, is this money from the main players trying to stabilize and consolidate at high levels, or is it brewing for a violent rally? Currently, the bullish and bearish signals are completely unclear, and this is the most testing time for trading psychology.
Many people get envious when they see funds entering the market, but this is exactly when it's easiest to fall into traps. The more chaotic the market, the more you need to stick to the core logic — the current battle between bulls and bears in ETH is essentially a contest of funds at key price levels. Entering without clear signals is no different from crossing the street blindfolded, with maximum risk.
**If you must act, remember this strategy:**
The safe entry zone for long positions is only at 3150-3160. Entry conditions must be strict; wait until the price dips and confirms a clear bottom pattern (such as a hammer or a bullish engulfing), both are indispensable.
As for taking profits, don’t try to get rich in one go. Place staggered orders below 3360, taking profits every 20 points. This way, you can lock in gains while still leaving room for further upward movement.
The smartest approach now? Keep your funds on the sidelines and watch the show. Being out of the market isn’t missing out; it’s giving yourself a chance.