1840 short cotton-padded quilt cover positions are stuck for 80 points! $ETH forcibly drove it up to 1950—don’t panic. There’s still a lifeline at this level!
Brothers, this ETH rebound is indeed strong. It pushed from 1841 all the way to 1953—up more than 100 points. Those short positions entered at 1840 are stuck by over 80 points. That’s definitely uncomfortable. But Mig tells you the truth—don’t panic. A rebound doesn’t mean a reversal. There’s still room to operate at this level.
On the daily timeframe, MA7, MA25, and MA99 are all supporting from below, and the short-term bulls do have the advantage. But pay attention: after pushing to the high of 1953, it fell back to 1928 today, which shows there’s considerable pressure around 1950–1960.
On the 1-hour chart, the RSI has entered the overbought zone. Price has deviated far from the moving averages, and a short-term pullback is needed. The key is whether the 1920 level can be held—if it can’t, then there will be opportunities for shorts.
For getting unstuck, Mig gives you three directions:
1. If the price breaks below 1900 with strong volume, you can continue holding the shorts. Targets: 1860–1830.
2. If the price stabilizes around 1920 and rebounds, then take profit on part of the position when the rebound reaches around 1940–1950 to reduce risk.
3. Alternatively, close part of the position around 1920 first, then wait for the rebound to around 1950 to add back—do a high-sell/low-buy cycle to reduce your average cost.
Personal view:
Brothers, the direction of the 1840 shorts is correct—it’s just that the entry was too early. Now ETH is short-term overbought, so the probability of a pullback isn’t small. Don’t cut losses in panic. Move only after you’ve pinpointed the key levels. When to reduce, what levels to add, and how to allocate your position—bring your position screenshot to the chat room, and Mig will give you a plan one-on-one!
#黄金白银延续涨势 #SpaceX首次大规模股份8月6日解锁
Brothers, this ETH rebound is indeed strong. It pushed from 1841 all the way to 1953—up more than 100 points. Those short positions entered at 1840 are stuck by over 80 points. That’s definitely uncomfortable. But Mig tells you the truth—don’t panic. A rebound doesn’t mean a reversal. There’s still room to operate at this level.
On the daily timeframe, MA7, MA25, and MA99 are all supporting from below, and the short-term bulls do have the advantage. But pay attention: after pushing to the high of 1953, it fell back to 1928 today, which shows there’s considerable pressure around 1950–1960.
On the 1-hour chart, the RSI has entered the overbought zone. Price has deviated far from the moving averages, and a short-term pullback is needed. The key is whether the 1920 level can be held—if it can’t, then there will be opportunities for shorts.
For getting unstuck, Mig gives you three directions:
1. If the price breaks below 1900 with strong volume, you can continue holding the shorts. Targets: 1860–1830.
2. If the price stabilizes around 1920 and rebounds, then take profit on part of the position when the rebound reaches around 1940–1950 to reduce risk.
3. Alternatively, close part of the position around 1920 first, then wait for the rebound to around 1950 to add back—do a high-sell/low-buy cycle to reduce your average cost.
Personal view:
Brothers, the direction of the 1840 shorts is correct—it’s just that the entry was too early. Now ETH is short-term overbought, so the probability of a pullback isn’t small. Don’t cut losses in panic. Move only after you’ve pinpointed the key levels. When to reduce, what levels to add, and how to allocate your position—bring your position screenshot to the chat room, and Mig will give you a plan one-on-one!
#黄金白银延续涨势 #SpaceX首次大规模股份8月6日解锁