The year-end market rebound is once again stirring waves, with Ethereum facing resistance around 3030, then pulling back to approximately 2960. This level is quite interesting—technically, it has already touched a key support level.
For short sellers, this is a good exit window. According to conventional trading logic, positions that have reached their target should consider taking partial profits. It is recommended to lock in about 70% of the position, while keeping the remaining part for protection and continued tracking of potential upward breakthroughs.
Honestly, this kind of market rhythm—peak short, pullback to take profits, and then continue watching the remaining positions—feels like using volatility as a tool. Both bulls and bears can get a piece of the pie, the key is not to be greedy.
2026 has just begun, and the market train has already started moving. The next move depends on whether major cryptocurrencies can break through previous resistance levels.
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ChainDetective
· 9h ago
Position 2960 does have some significance, but to be honest, I'm not 70% confident in taking profit.
It has retraced again, the bears should run now, don't wait for a rebound to get caught.
This rhythm is just cutting the leeks, it's really annoying to watch.
Whether ETH can hold depends on the subsequent volume; just looking at support levels isn't very useful.
Greed kills people. The saying "take profit when it's good" is always repeated, but when it comes to critical points, I still go all in.
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MysteryBoxAddict
· 01-01 11:07
Try leaving some space here at 2960, anyway the take-profit points are all marked.
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RunWithRugs
· 2025-12-31 18:50
It's that same take-profit logic again; it's easy to say but hard to implement.
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Can the 2960 support hold? Let's see today's trading volume.
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Greed harms people. I keep reminding myself, but I still go all-in every time, haha.
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Are the bears exiting? I think the bulls should be the ones feeling nervous; the pressure is high.
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Can this wave break 3030? It feels like we need to tinker a bit longer.
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Securing profits is not wrong, but in actual operation, I just can't stop.
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The market has just started and is already teaching us how to take profits. Isn't that poor execution?
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ProofOfNothing
· 2025-12-31 18:50
It's the same trick again, shorting at high and buying at low. Tired of the old "cutting leeks" scheme.
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RugpullAlertOfficer
· 2025-12-31 18:46
Coming back for more meat? Why does it feel like you're cutting it every day? Is this just a leek vegetable buffet?
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AirdropF5Bro
· 2025-12-31 18:35
Taking profits is never wrong; just beware of greed backfiring.
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NFTFreezer
· 2025-12-31 18:34
This level at 2960 is really stuck; the bears should exit now, don't be greedy.
The year-end market rebound is once again stirring waves, with Ethereum facing resistance around 3030, then pulling back to approximately 2960. This level is quite interesting—technically, it has already touched a key support level.
For short sellers, this is a good exit window. According to conventional trading logic, positions that have reached their target should consider taking partial profits. It is recommended to lock in about 70% of the position, while keeping the remaining part for protection and continued tracking of potential upward breakthroughs.
Honestly, this kind of market rhythm—peak short, pullback to take profits, and then continue watching the remaining positions—feels like using volatility as a tool. Both bulls and bears can get a piece of the pie, the key is not to be greedy.
2026 has just begun, and the market train has already started moving. The next move depends on whether major cryptocurrencies can break through previous resistance levels.