$ETH Crypto Academician: 11.11 Ethereum (ETH) Catching a Falling Knife on the Way Down: Why “I Think It’s Cheap” Is the Most Expensive Sentence in Trading
I know a lot of people are cursing themselves right now: “If only I’d sold at 2400” and “If only I hadn’t bought the dip.” But in trading, there’s no such thing as “if only”—there’s only reviewing your trades afterward. I’ve fallen into the same trap myself, always thinking, “Just a little further down and it’ll hit bottom,” only to find there’s another basement below the basement, and a cellar below that. Eventually I learned: a stop-loss isn’t admitting defeat; it’s giving yourself a way out. If you ask me whether the market will rise or fall from here, I honestly can’t say for sure, because the market changes every day. All I can do is mark the key levels for you and explain the risks. The rest is up to you.
The daily chart shows a sizable bearish candle smashing straight through the lower Bollinger Band at 2091. The moving averages are in a fully bearish alignment: EMA15 at 2237, EMA30 at 2316, and EMA60 at 2360, with price pinned below them all. The lingering momentum from the earlier highs on the MACD has shifted the daily chart from “strong” into “pullback” mode. TD is currently at 6, indicating that this downward move hasn’t run its course yet. Don’t rush to catch a falling knife in the short term.
On the 4-hour chart, a large bearish candle has broken straight through the lower Bollinger Band at 2042. EMA15 is at 2140, EMA30 at 2183, and EMA60 at 2230. The price deviation has widened considerably, a classic “accelerating bottoming” pattern. The MACD green bars are expanding, and DIF has crossed below DEA; bearish momentum is still being released. TD is at 3, suggesting this decline is only midway through. Don’t assume we’ve hit bottom just because you see a single lower wick.
Short-term reference:
Upside: support in the 2000–1950 range; stop-loss at 30 points; target 2050–2100.
Downside: stalling in the 2140–2180 range; stop-loss at 30 points; target 2100–2050.
For specific trades, rely on real-time order book data. For more information, you can contact the author. Articles are published with a delay and are for reference only. Trade at your own risk.
#ETH走势分析