ETH's 1-hour chart has recently shown some signs of change. The price is currently fluctuating between 3240 and 3260 yuan, just stuck between the middle and upper bands of the Bollinger Bands, with not much amplitude.
From the indicators, things are starting to shift. The MACD's DIF line has already turned downward and crossed below the DEA line, and the red energy histogram has just appeared. The Bollinger Bands are narrowing overall, with the upper band around 3260 and the lower support near 3210.
The technical outlook is quite clear — ETH's short-term upward momentum is clearly weakening. The price has been repeatedly resisted at 3260, and combined with the MACD showing a turning signal, although the overall trend hasn't fully reversed to bearish yet, the short-term correction pressure is building. This level does present some opportunities.
The specific trading idea is as follows: open a small short position around 3240, with a stop-loss set above 3260. The first target is 3220, and if it breaks below 3220, look further down to 3210.
Why is this level worth considering? Mainly because the stop-loss space is relatively small, and the risk-reward ratio looks decent. If the price really breaks above 3260, it indicates our judgment was wrong, and it's time to cut losses and exit.
But a reminder: the overall market volatility is currently low, so don't expect a big one-way move. Keep your position size within 10% of your total capital, and make sure to set a proper stop-loss. Never sleep with open positions.
The market is constantly changing, and what we need to do is act accurately when high-probability opportunities appear, prioritizing risk management. Let's see how far this correction can go.
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QuorumVoter
· 01-08 19:53
3260 has been hit down again, this time it really feels a bit虚啊
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FlashLoanPrince
· 01-07 16:34
This 3240 level keeps getting stuck repeatedly; I feel like I still need to wait for a breakthrough.
If it can't break 3260, shorting is more interesting, but I'm still watching.
The MACD signal came a bit late; I was caught in a trap for a while before realizing.
The short-term weakness is real, but who can guarantee it's not just the main force shaking out traders?
I'm satisfied if it can drop to 3210 this time; earning a hundred or eighty bucks and popping champagne.
Still the same advice: stop-loss is the most important; better to miss out than get trapped.
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TommyTeacher
· 01-06 13:50
If you can't break through 3260, this short position is definitely worth a try.
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CryptoMom
· 01-06 13:45
3260 is really holding down hard, feels like it's about to break through
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UncleLiquidation
· 01-06 13:36
3240 is indeed a bit interesting, but I think the short position in this wave is only earning pocket money.
Wait, MACD is turning again, and the Bollinger Bands are narrowing. I've heard this set of arguments a hundred times, and in the end, it's always a false breakout.
Stop messing around. This level is more reliable to observe; wait for a clearer direction before entering.
If 3260 can't be broken, don't go short anymore. It feels problematic.
Listen, I agree with small positions, but never get carried away just because the stop loss is small. That makes it easier to lose.
The worst thing is ETH suddenly plunging at night, waking up to find it liquidated directly—that's a bloody lesson.
There aren't any big short-term trends. Instead of betting on this, it's better to wait for big money's next move.
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GasFeeCryer
· 01-06 13:31
It's really hard to handle 3260 points here, feels like it's going to drop again.
ETH's 1-hour chart has recently shown some signs of change. The price is currently fluctuating between 3240 and 3260 yuan, just stuck between the middle and upper bands of the Bollinger Bands, with not much amplitude.
From the indicators, things are starting to shift. The MACD's DIF line has already turned downward and crossed below the DEA line, and the red energy histogram has just appeared. The Bollinger Bands are narrowing overall, with the upper band around 3260 and the lower support near 3210.
The technical outlook is quite clear — ETH's short-term upward momentum is clearly weakening. The price has been repeatedly resisted at 3260, and combined with the MACD showing a turning signal, although the overall trend hasn't fully reversed to bearish yet, the short-term correction pressure is building. This level does present some opportunities.
The specific trading idea is as follows: open a small short position around 3240, with a stop-loss set above 3260. The first target is 3220, and if it breaks below 3220, look further down to 3210.
Why is this level worth considering? Mainly because the stop-loss space is relatively small, and the risk-reward ratio looks decent. If the price really breaks above 3260, it indicates our judgment was wrong, and it's time to cut losses and exit.
But a reminder: the overall market volatility is currently low, so don't expect a big one-way move. Keep your position size within 10% of your total capital, and make sure to set a proper stop-loss. Never sleep with open positions.
The market is constantly changing, and what we need to do is act accurately when high-probability opportunities appear, prioritizing risk management. Let's see how far this correction can go.