$ETH Thunder over Water: Release. Thunder above water, ice cracks open first—don’t rush to buy the dip; wait for it to run into resistance before making a move.
ETH is currently around 2,132. It briefly dipped to around 2,060 this morning, while 2,200–2,250 overhead remains near-term rebound resistance. The latest complete and verifiable data for U.S. spot ETH ETFs is still from November 6, showing net outflows of about $93.3 million (unofficial/Farside figures). Vitalik has recently discussed store-of-value-related ideas; take them as background, not as a trading signal. I’d rather wait for it to rise to resistance before shorting—no chasing in the middle of the range.
I’d rather wait for it to surge to resistance before shorting:
Entry range: 2,200–2,250
Stop-loss: 2,380 (with a buffer beyond the nearby structure)
Take-profit 1: 2,100
Take-profit 2: 2,060
Take-profit 3: 2,000
At the first take-profit, close half the position and move the stop-loss to breakeven. If it doesn’t rise that far, keep waiting. If the daily candle closes above 2,380, I won’t short.
Release, but don’t rush. Do you think ETH will first surge to 2,250 and then fall, or go straight back down to test 2,060?
Follow me for updates. These are my personal views, not investment advice.
ETH is currently around 2,132. It briefly dipped to around 2,060 this morning, while 2,200–2,250 overhead remains near-term rebound resistance. The latest complete and verifiable data for U.S. spot ETH ETFs is still from November 6, showing net outflows of about $93.3 million (unofficial/Farside figures). Vitalik has recently discussed store-of-value-related ideas; take them as background, not as a trading signal. I’d rather wait for it to rise to resistance before shorting—no chasing in the middle of the range.
I’d rather wait for it to surge to resistance before shorting:
Entry range: 2,200–2,250
Stop-loss: 2,380 (with a buffer beyond the nearby structure)
Take-profit 1: 2,100
Take-profit 2: 2,060
Take-profit 3: 2,000
At the first take-profit, close half the position and move the stop-loss to breakeven. If it doesn’t rise that far, keep waiting. If the daily candle closes above 2,380, I won’t short.
Release, but don’t rush. Do you think ETH will first surge to 2,250 and then fall, or go straight back down to test 2,060?
Follow me for updates. These are my personal views, not investment advice.
