#美联储回购协议计划 Ethereum bulls are gathering strength to break through! Have you set your bottom-fishing timing?
$ETH The 4-hour chart has shown many promising signals—the big bullish candle was definitely worth the wait.
Yesterday’s consolidation period seemed dull, but in fact, it was large orders brewing. The longer the sideways movement, the more vigorous the subsequent rise tends to be. Experienced traders understand this logic.
From a technical perspective, the key level here is: 2960 below is a good support zone. Those looking to go long don’t need to rush to chase the rally; find a suitable retracement point around this area to enter, which will help better control risk.
Conversely, short positions at this level are really difficult to operate. The risk of being trapped is much greater than the potential gains—why bother to touch it?
Follow the trend; the bullish story is not over yet.
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PretendingToReadDocs
· 8h ago
The longer the sideways consolidation lasts, the more explosive the breakout. I agree with this logic, but I'm just worried it might be a trap to chase the high again.
Wait, can we really trust this big bullish candle?
At the 2960 level, I feel a bit uncertain, it seems like it could go lower.
Bottom fishing opportunity? My chance is when I get caught haha.
Is the bullish story not over yet? Then the bearish story is already over.
No matter how good the analysis, it can't withstand a sell-off, so better to be cautious.
I've seen many of these sideways consolidations, often signals of distribution.
Is a large order brewing? Why do I feel like big players are actually distributing?
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CompoundPersonality
· 8h ago
2960 this level is indeed interesting, but I feel like we still need to wait and see
After such a long consolidation, will there really be a surge? I’m starting to feel a bit unable to hold back
Another big order brewing, and more bullish stories—I'm hearing too much of it, haha
Trying to catch the bottom, but I just can't bring myself to make a move
How much of a rise can the Fed's move give to ETH? Does anyone know?
View OriginalReply0
GasFeeCry
· 8h ago
2960 is indeed a pretty good level, but I'm still waiting for a pullback, can't rush it.
I've heard the idea of sideways consolidation too many times, but this time it seems to feel a bit different.
I'm in agreement on the short positions; quite a few people are trapped, but it's still more comfortable with the bulls.
That big bullish candle looks really good, but I don't know if it can sustain.
If the Federal Reserve can give some more positive signals, ETH might really take off.
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SignatureVerifier
· 8h ago
ngl, that 2960 support level sounds like textbook confirmation bias waiting to happen. seen too many "key levels" evaporate when you actually need them to hold. where's the on-chain validation on this move anyway
Reply0
tx_or_didn't_happen
· 8h ago
I've already taken a loss at this position 2960 before, and I really don't dare to gamble this time.
I've heard the explanation of sideways consolidation too many times. By the time it actually rises, it's no longer my turn.
#美联储回购协议计划 Ethereum bulls are gathering strength to break through! Have you set your bottom-fishing timing?
$ETH The 4-hour chart has shown many promising signals—the big bullish candle was definitely worth the wait.
Yesterday’s consolidation period seemed dull, but in fact, it was large orders brewing. The longer the sideways movement, the more vigorous the subsequent rise tends to be. Experienced traders understand this logic.
From a technical perspective, the key level here is: 2960 below is a good support zone. Those looking to go long don’t need to rush to chase the rally; find a suitable retracement point around this area to enter, which will help better control risk.
Conversely, short positions at this level are really difficult to operate. The risk of being trapped is much greater than the potential gains—why bother to touch it?
Follow the trend; the bullish story is not over yet.