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For short-term ETH trading, if 2570 is not broken, the outlook should be bearish; if it breaks, the trade is stopped out.


It broke.
Because that is the top of the range! The prior intraday high at 2550 can also be used as a stop-loss.
If it is the old script, there will be a dump today, followed by a week-long rally after the market opens tomorrow!
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ETHETH-0.33%

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StardustUnderTheGlassDome
a minute ago
Range top + previous high as double protection—this stop-loss is well placed.
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VWAP_Navigator
15 minutes ago
The logic of shorting the top of the range makes sense, but I’m a bit worried about the scenario where it pumps at tomorrow’s open and runs for a week.
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ZenPerps
21 minutes ago
Before 2550, a wider stop-loss is safer; as long as you preserve your principal, you won’t have to worry about running out of firewood.
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LeekGuardian
24 minutes ago
ETH is stuck in an uncomfortable spot for both longs and shorts in the short term; if it breaks, cut your losses and don’t dwell on it.
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FloatToFixed
26 minutes ago
Intraday previous high, 2550 stop-loss; allow ample room for error, experienced traders only.
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HackNewsMule
28 minutes ago
Dump it, then pump it for a week—the whales have used this trick so many times, and it still works.
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ThisIsTranslateContent:Jin
30 minutes ago
First Review
HODL with conviction💎
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