$ETH The market is shifting—2698 is the line in the sand.
ETH keeps testing 2698 but hasn’t broken below it. Open interest is still quietly rising, which suggests buyers are scooping up coins at lower levels. For now, it’s a tense lull—waiting for a bullish candle to break things open.
Shorts, don’t rush to show off just yet; this level could make you eat your words. If ETH holds above 2738, it could trigger a short squeeze. If it pulls back to gather strength, that could be a short-term opportunity instead.
Remember: there’s hope as long as support holds. If it breaks, don’t stubbornly hold on. Don’t mistake consolidation for a guarantee—manage your position, wait for a signal, and don’t force the action.
If you don’t have a clear directional view, come discuss it at Jucai Zhuang. #美联储10月加息概率降至17%
ETH keeps testing 2698 but hasn’t broken below it. Open interest is still quietly rising, which suggests buyers are scooping up coins at lower levels. For now, it’s a tense lull—waiting for a bullish candle to break things open.
Shorts, don’t rush to show off just yet; this level could make you eat your words. If ETH holds above 2738, it could trigger a short squeeze. If it pulls back to gather strength, that could be a short-term opportunity instead.
Remember: there’s hope as long as support holds. If it breaks, don’t stubbornly hold on. Don’t mistake consolidation for a guarantee—manage your position, wait for a signal, and don’t force the action.
If you don’t have a clear directional view, come discuss it at Jucai Zhuang. #美联储10月加息概率降至17%
