8.8 Thoughts on the “Double-Disk” strategy: go short in batches from 1920 to 1930, stop-loss at 1950, first target 1880, second target 1860
ETH current price is 1916—finally, the bounce has reached the position we were waiting for. In the 1920–1930 range, earlier pushes kept getting slapped back. After repeated verification, the selling pressure is firmly defended; the shorts’ defense line is solid.
On the hourly chart: the volume didn’t keep up as price moved up. The reduced-volume rebound tapped resistance—this is a classic bull-trap structure. As long as the 1950 “ceiling” is not broken, the short-side structure won’t change.
For short-term monitoring:
Sell pressure overhead: 1925–1930
Stop-loss: 1950
First support: 1880
Second support: 1860
In terms of execution: enter around 1924 immediately, manage position sizing, and set the stop-loss at 1950. When the first target at 1880 is reached, move the stop-loss down to protect capital; then the remaining position should look toward 1860. We waited for days to finally get a good entry—when it’s time to act, act.
Good trading: most of the time is waiting, and a smaller part is executing. Now is the time to execute. #ETH
ETH current price is 1916—finally, the bounce has reached the position we were waiting for. In the 1920–1930 range, earlier pushes kept getting slapped back. After repeated verification, the selling pressure is firmly defended; the shorts’ defense line is solid.
On the hourly chart: the volume didn’t keep up as price moved up. The reduced-volume rebound tapped resistance—this is a classic bull-trap structure. As long as the 1950 “ceiling” is not broken, the short-side structure won’t change.
For short-term monitoring:
Sell pressure overhead: 1925–1930
Stop-loss: 1950
First support: 1880
Second support: 1860
In terms of execution: enter around 1924 immediately, manage position sizing, and set the stop-loss at 1950. When the first target at 1880 is reached, move the stop-loss down to protect capital; then the remaining position should look toward 1860. We waited for days to finally get a good entry—when it’s time to act, act.
Good trading: most of the time is waiting, and a smaller part is executing. Now is the time to execute. #ETH