$ETH has been worn down to the point of losing his nerve; Machi Big Brother’s profits are nearly gone!
Guys, ETH’s price action is really testing everyone’s patience. It can’t climb, but it won’t drop decisively either. The bulls are struggling to hold on, while the bears don’t dare chase the market. Machi Big Brother has it even worse: since last night, he’s closed 2,975 ETH from his long position and now has just 3,325 ETH left. His unrealized profit was $330,000 yesterday, but now it’s down to just $23,000. Those profits are shrinking fast! His average entry price is 2,420.97, his liquidation price is 2,380.34, and he’s still using 25x leverage. That position is practically dancing on a knife’s edge.
Looking at the chart, after rebounding from 2,391.54, ETH ran into resistance again near 2,438.24. It’s now consolidating on declining volume around 2,427, and neither bulls nor bears have shown their true strength.
Keep a close eye on three levels: 2,438–2,450 is resistance above, 2,410–2,420 is support below, and 2,380 is a key level to defend.
Trading plan: Don’t rush into a long before there’s a high-volume breakout above 2,438. If the price pulls back to around 2,410 and holds, consider a small position to test the waters. The market hasn’t made its move yet, so don’t rush to pay the exchange trading fees!#比特币短期持有者持仓升至408万枚 #布伦特原油自5月来首次触及110美元
Guys, ETH’s price action is really testing everyone’s patience. It can’t climb, but it won’t drop decisively either. The bulls are struggling to hold on, while the bears don’t dare chase the market. Machi Big Brother has it even worse: since last night, he’s closed 2,975 ETH from his long position and now has just 3,325 ETH left. His unrealized profit was $330,000 yesterday, but now it’s down to just $23,000. Those profits are shrinking fast! His average entry price is 2,420.97, his liquidation price is 2,380.34, and he’s still using 25x leverage. That position is practically dancing on a knife’s edge.
Looking at the chart, after rebounding from 2,391.54, ETH ran into resistance again near 2,438.24. It’s now consolidating on declining volume around 2,427, and neither bulls nor bears have shown their true strength.
Keep a close eye on three levels: 2,438–2,450 is resistance above, 2,410–2,420 is support below, and 2,380 is a key level to defend.
Trading plan: Don’t rush into a long before there’s a high-volume breakout above 2,438. If the price pulls back to around 2,410 and holds, consider a small position to test the waters. The market hasn’t made its move yet, so don’t rush to pay the exchange trading fees!#比特币短期持有者持仓升至408万枚 #布伦特原油自5月来首次触及110美元