At dawn, fans asked whether ETH could be short; the whale said yes—shorting around the 27 level.
Now ETH is at 2496, down from 2527—down about 31 points. The short position is already floating in profit.
Looking at the chart: the BOLL midline is at 2506, and price has already broken below the midline. It’s moving toward the lower band at 2482. Over the past 24 hours, the high was 2566 and the low was 2480. Overall, the market is still ranging but on the weaker side. Set the stop loss at the previous high, and take profit around 2470.
This trade logic is very simple: when ETH rebounds to around 27, it clearly lacks momentum. The whale believes the near-term top is right here, so short it to bet on a pullback. Stop loss is placed at the previous high, and take profit is around 70 (points) away—giving a very comfortable risk-reward ratio.
The fans’ execution was good. When they asked at dawn, they entered right away—no hesitation. Close the position when the target is hit, and wait for the next wave. $ETH
Now ETH is at 2496, down from 2527—down about 31 points. The short position is already floating in profit.
Looking at the chart: the BOLL midline is at 2506, and price has already broken below the midline. It’s moving toward the lower band at 2482. Over the past 24 hours, the high was 2566 and the low was 2480. Overall, the market is still ranging but on the weaker side. Set the stop loss at the previous high, and take profit around 2470.
This trade logic is very simple: when ETH rebounds to around 27, it clearly lacks momentum. The whale believes the near-term top is right here, so short it to bet on a pullback. Stop loss is placed at the previous high, and take profit is around 70 (points) away—giving a very comfortable risk-reward ratio.
The fans’ execution was good. When they asked at dawn, they entered right away—no hesitation. Close the position when the target is hit, and wait for the next wave. $ETH
