ETH has recently resumed a long position pattern, with the current price around 3032. This is a good point to go long. I have set the stop loss at 3017, and the position control remains unchanged.
From the market perspective, there are indeed quite a few short positions around 3050. But the real opportunity lies in the range of 3005-3020—this area has a significantly denser concentration of long positions. If the market reaches this level, these long positions are likely to squeeze out the shorts, resulting in a reversal. Once those short positions are cleared, our stop loss at 3017 will become the exit point with the minimum trial-and-error cost. In other words, the risk is controllable when getting on board at this position.
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Ramen_Until_Rich
· 13h ago
The stop loss point at 3017 is set quite well, but whether this wave can really squeeze out the short positions still depends on the subsequent higher trade volumes, so don't be too optimistic.
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MemeCurator
· 12-22 16:52
The position at 3017 is indeed stable, but the short positions are also not to be underestimated.
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ZeroRushCaptain
· 12-22 16:32
Here we go again, stop loss at 3017? I said the same thing last time at 3100, and it directly slumped to 2800, not even giving a chance to stop loss.
ETH has recently resumed a long position pattern, with the current price around 3032. This is a good point to go long. I have set the stop loss at 3017, and the position control remains unchanged.
From the market perspective, there are indeed quite a few short positions around 3050. But the real opportunity lies in the range of 3005-3020—this area has a significantly denser concentration of long positions. If the market reaches this level, these long positions are likely to squeeze out the shorts, resulting in a reversal. Once those short positions are cleared, our stop loss at 3017 will become the exit point with the minimum trial-and-error cost. In other words, the risk is controllable when getting on board at this position.