If you are in a floating loss, don't increase your position; it's better to set a wide stop loss than to not have one at all. I used to hold onto my positions as well, and I was right for more than a dozen or twenty times in a row, until one time when the market went north all the way, I finally understood the importance of having a wide stop loss. If even a wide stop loss gets hit, then it's an issue with the trade itself, and you need to reflect on it. For Ethereum, setting a 30-point stop loss is usually sufficient.
Slipped, it bounced back immediately at this price level, which is in milliseconds, so it didn't sell. If you had just lowered it by 1 dollar, it would have sold.
As long as it's not above 2800, a pullback will be very, very deep. The first liquidation point below is around 2400, and the second liquidation point is around 2300. Consider whether you want to cut your losses.
Louvenia Gaeth qZNL
·
--
Is there still hope for $ETH ? Why did Erbing run away by itself?
I followed the liquidation chart and took a few bites, now everything has been liquidated. What should I do? There's no way to go. I don't dare to short, nor do I dare to go long. I can only stare blankly. But it was so enjoyable to eat, haha. It's my first time staying up all night and finding it so fun.
$ETH Be careful of the position 2435-2450, there are a large number of liquidation orders, Musk and Trump are fighting it out, there is a significant possibility that the big players will take this opportunity, with one injection, countless will be liquidated. Now no one dares to go long or short.
There are buy orders around 2620-2640, with single orders of 50-200 ETH. There are quite a few total amounts hanging; buying just a little will push the price up, and when it comes back down, they continue to buy. The current price of 2640 is too high and does not align with the profit algorithms of institutions, so it has stagnated. If there continues to be buying interest, the sell orders below 2700 will not pose a significant obstacle, but one must also guard against institutions accumulating enough shares before starting to pull back. There are no inexplicable one-sided market movements; everyone needs to remain calm. Where Ethereum goes today is an unknown. However, institutions are genuinely optimistic about Ethereum in the medium to long term. Don't think about trying to capture a little bit of the fluctuations; the risk-reward ratio should be at least 1:3 or 1:4 before taking action. At this price level, whether going long or short, a policy announcement could put you at risk of liquidation. Either the price needs to be high enough to short, or low enough to go long.
Regardless of how the market moves, everyone must remain calm! It's better to miss out than to put yourself in a precarious position.
$ETH Watch real-time data and policy news, act according to the current trend, and do not act recklessly. 2650 is a hurdle; if we can get past it, there is a chance to challenge 2700, but I am not optimistic about being able to hold steady at 2700. Previously, institutions and whales accumulated too much; when there is too much stock, it needs to be realized for profit.
According to real-time AI data statistics, in the last 12 hours, the top 100 whales have transferred ETH to exchanges, selling a high of 38,000 Ethereum, with another 32,000 not sold. In the last hour, market makers set buy and sell orders of 15,000 Ethereum each between 2730 and 2700 (they will also continuously adjust the range). It is unknown if they have been digested. At 2750, there are 8,500 Ethereum sell orders hanging, and at 2680, there are 7,400 buy orders hanging. To break through 2750 to reach 2760, the buy orders need to exceed the sell orders by 110 million. Looking at it this way, the price of 2750 is currently still relatively strong. Placing a short order here, with a stop loss of 20 points, the profit can exceed 50 to 60 points. If it breaks 2580, it will fall down, with no support level, and it will reach 2600-2650.
From midnight 12:00, Bitcoin has already retraced over 1.6%. This guy is going against the trend. When something is unusual, there must be something going on. The trading volume is also abnormal. Be careful, this could be the big players raising prices to sell off. The US stock market is opening high but going low, while Bitcoin keeps dropping, and this guy keeps rising.
$ETH Trump's stock plummeted, it rose as much as 3% in pre-market, now it has dropped over 8%, those with long positions should hurry to retreat, this guy might just be talking nonsense again.
$ETH This fool always has someone selling at a high, never able to go up. Today it can't even rise compared to Bitcoin. It's quite frustrating to watch. Its status is indeed continuously declining. When it drops, it again falls at double the speed of Bitcoin.
Those who didn't get the meat in this wave must stay calm. The US stock futures have stabilized now. Let's check the US stock opening in a moment to determine the direction. Don't enter the market now; if the direction is wrong later, it will result in getting hit twice.
$ETH is crazy, the orders are invisible, the exchange is down, I didn’t have time to cancel the order, losing so much is fine, but you can’t make my orders disappear, I blacked out and got liquidated!
US stock futures suddenly plummeted to 83,819,918,542, and when it dropped to 1%, it started to nosedive; at 1.5%, everything plunged together. Now it's almost down 2%. I don't know what happened, it's too thrilling.