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YinYangCandle

· 07-23 16:11

To be honest, shorting in this kind of market has both risks and opportunities. Ethereum breaking below 1910 is indeed a bearish signal, but support below is around 1850, and if it drops directly there, the profit room isn’t that big. Personally, I think you can try a short with a small position size; a stop loss at 1930 should be fine, but take profit should at least be seen below 1880. That said, it’s better to watch the trading volume more—if the selloff accelerates with volume, you can add to the position. Also pay attention to the strength of any rebound; don’t get stopped out by a quick wick.

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FibBetrayer

· 07-23 15:49

Going short at this position does make some sense, but the 1910 support breaking needs confirmation. It’s better to wait for a pullback and confirm before entering, otherwise it’s easy to chase the short and get trapped. Also, since Ethereum is volatile, set your take-profit at 1880 and don’t get greedy.

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AirdropMathematician

· 07-23 14:18

Follow the big shots and short a batch, but the stop-loss at 1930 feels a bit too close—what if there’s a quick spike? Try it with a small position.

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DrawdownMeasurer

· 07-23 14:11

Bro, your idea makes sense, but you need to pay attention to the broader environment. Market sentiment is unstable right now, and the US stock market is also falling—Ethereum may still continue to dip. However, cutting loss at 1930 is definitely reasonable, but what if it bounces back to 1925 and then comes down again? I suggest building your position in batches. Also, don’t set your take-profit arbitrarily—use a basis. For example, look around the prior low near 1870.

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DiamondGrip

· 07-23 13:54

Waiting for liquidation—how dare they call for a short at this level?

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Ethereum has already fallen below the key support level of 1,910, so it’s recommended that everyone short at the current price. Set your stop loss at 1,930: for take profit, set it however you want.

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