Clear Act at 2:30 a.m., results came in—didn't pass, and it immediately plunged. Luckily the position size wasn't big. I added a few times to average down and raise the average price. I'll continue holding for a short-term trade.
$龙虾 This is really tough. Oukur has already had a few waves but has both gotten some and made some mistakes proactively. The only thing I can say is that the price control is extremely severe— the syndicate is stretching it out, luring in the big fish.
$ZEC tried a small short position and got stopped out. This wave has caused many people to suffer big losses; now it’s a situation where people don’t dare to go long or short.
Just after saying that Ethereum would keep rising, it immediately surged. Next, you can either wait for a breakout above the previous high and then chase it, or chase after a breakout with a pullback. It may just surge straight away and not give you a chance to retrace. #ETH
$MAGMA If I short it, you probably all made money, right? DAF has always been watching the order books of all kinds of low-cap/meme coins. He’s also doing real trades—so you can follow his orders and save yourself the time spent staring at charts.
$ETH short-term bears dominate! $1580 area is key resistance 📉
On the ETH 1-hour chart, the rebound peaked around $1610 and has since dropped with consecutive red candles, pulling back to $1574.
The 1-hour moving averages have formed a death cross, and the candles are under pressure—overall the short-term market bias is bearish.
Today’s trading plan:
Sell short on rallies: Watch for rejection signals as price rebounds into the $1580–$1590 area, and place your defense stop above the $1610 resistance level.
Go long on the right side: Chasing bottoms is risky. Bulls should wait for a retest of the support around $1512, or wait until price holds above $1610 before considering longs.
In the near term, bullish momentum seems to be weakening—manage your position size carefully and set a strict stop-loss!
Do you think the $1512 bottom can hold up? Discuss in the comments! #eth