To be honest, the real finale often comes after the dust settles. $ETH is currently hovering around 2513, and this level feels less decisive than grinding. A little higher and buyers chase; a little lower and buyers step in again. This back-and-forth can wear down your patience faster than anything. I try not to follow these swings, because the real challenge isn’t spotting a level—it’s staying clear-headed through repeated pullbacks. 2513 isn’t a comfortable level; it even feels a little awkward. But the market doesn’t wait for a comfortable moment to offer an opportunity.
If it keeps hovering around 2513, I’ll pay closer attention to whether it manages to absorb the resistance above. If it gets back above 2537.67, my current view is invalidated, and there’s no point stubbornly holding on. Patience doesn’t mean holding on forever; it means knowing when to admit you’re wrong and when to wait. A pullback is acceptable as long as the underlying thesis hasn’t changed. If it has, then however reluctant I may be, I need to reassess.
So at this level, I still lean bearish on $ETH . Not because of how far it’s fallen, and not because I’m especially certain, but because resistance remains overhead and the rebound hasn’t truly reversed the preceding weakness. As long as the price hasn’t climbed back above 2537.67, I’m more inclined to believe it will make another attempt to move lower.
🟢 Trade direction: Short
📍 Entry price: 2513.14
🛑 Stop loss: 2537.67
Take in the vastness of mountains and seas; observe the market’s smallest details.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#ETH
Click below to trade 👇
If it keeps hovering around 2513, I’ll pay closer attention to whether it manages to absorb the resistance above. If it gets back above 2537.67, my current view is invalidated, and there’s no point stubbornly holding on. Patience doesn’t mean holding on forever; it means knowing when to admit you’re wrong and when to wait. A pullback is acceptable as long as the underlying thesis hasn’t changed. If it has, then however reluctant I may be, I need to reassess.
So at this level, I still lean bearish on $ETH . Not because of how far it’s fallen, and not because I’m especially certain, but because resistance remains overhead and the rebound hasn’t truly reversed the preceding weakness. As long as the price hasn’t climbed back above 2537.67, I’m more inclined to believe it will make another attempt to move lower.
🟢 Trade direction: Short
📍 Entry price: 2513.14
🛑 Stop loss: 2537.67
Take in the vastness of mountains and seas; observe the market’s smallest details.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#ETH
Click below to trade 👇