2025-12-29 03:28:51

ETH's recent trend is quite interesting—after a surge with high volume at the top, it failed to hold, indicating that the bulls are clearly losing strength at this level. More notably, after the key support level was broken, the rebound momentum was very weak, which usually means that the bears are gradually gaining control.

Looking at the funding costs, the financing rate is at a relatively high level, and long positions are quite crowded—under this situation, there is a significant possibility of some short-term market pullbacks. Both technical and funding aspects are signaling the same message. From a trading perspective, there are certain opportunities to go short at the current price, with specific stop-loss and target levels to be confirmed further.

The US stock market also warrants close attention, as the performance of major coins like SOL is changing. The overall market rhythm is adjusting, and there may be many volatility opportunities in the short term.

ETH1,16%

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TokenomicsPolice

· 6h ago

With such high fees, still willing to take on more? Truly a brave warrior

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BetterLuckyThanSmart

· 6h ago

The bulls really couldn't hold this wave, with such high financing rates, only those daring to leverage up are bound to get caught Are the bears about to take off? Feels like another false alarm How has SOL been doing recently? Is it also following the decline?

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TestnetNomad

· 6h ago

Another day of longs getting crushed. This time, there's really no standing firm anymore. Hey, with such high funding rates, still holding on tightly—probably aiming for a quick cut. SOL is also starting to fall behind, the rhythm is completely disrupted. Short opportunities have indeed appeared, but I still want to wait and see how the US stock market moves. The long positions are so crowded that brothers caught in the trap are probably feeling uncomfortable. Once support breaks, the rebound will lose momentum, and short sellers are starting to take over. Short-term pullbacks are definitely unavoidable; the question is how far it can fall. This wave down will probably cause some people to get liquidated again...

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AirdropChaser

· 6h ago

Oh no, it's the same old story of the bulls losing momentum. The funding rate is still this high; it was about time to clear out the positions. This time, the bulls really can't hold on anymore. Once the support level breaks, there will be no rebound. With such high funding rates and continued accumulation, no wonder so many people are trapped now. The bears have already started to take control. Let's wait and see how it drops from here. SOL is also following the trend, and the entire market is sending the same signal. Short positions definitely have a chance this wave. High funding rates and crowded longs, in simple terms, it's about taking a wave of profits. Wait, is the US stock market about to drag down the crypto space again? So annoying.

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