ColdTideRecedes

Live trading setup
ETH short: light position in the 2325-2330 range
Take profit at 2305-2285-2260
Add to position at 2345
Stop loss at 2360
$ETH ‌

ETH Short Position Reference Plan
Entry zone to watch: around 2330
First target: 2312-2315
Second target: 2300-2303
Extended target: 2280
Risk control: 2370
Add-on position: 2345ETH Short Position Reference Plan
Entry zone to watch: around 2330
First target: 2312-2315
Second target: 2300-2303
Extended target: 2280
Risk control: 2370
Add-on position: 2345$ETH

Live trade setup
ETH short entry around 2480
Stop-loss: 2500
Take-profit: 2465
ETH long entry around 2345
Stop-loss: 2330
Take-profit: 2360

Successfully took profit

Today's live trading setup
ETH short setup
Short in the 2490–2495 range
Take profit at 2475–2450–2425
Stop loss at 2515; take profit reached
Long position
Long in the 2445–2450 range
Take profit at 2470–2485–2500
Stop loss at 2430
Long entry

Long ETH in the 2475-2480 range
Take profit at 2495-2510-2530
Stop loss at 2460
If it stabilizes at the lower level, bulls enter

Take profit and exit

ETH short setup
Aggressive: around 2470; conservative: around 2475
Take profit: 2455-2440-2420
Stop loss: 2490
$ETH ‌

Lower the take-profit to around 55-60

Market structure is strong: instead of pulling back after rising, prices have held near their highs and moved sideways, indicating that selling pressure was quickly absorbed and the short-term trend is showing signs of turning bullish from bearish.‌‌
• Staking data points to tokens being locked up: 1.33 million ETH are currently queued to enter staking, with a wait time of over 23 days; only 149k ETH are queued to exit staking, with a wait of under 4 days. The severe imbalance between the entry and exit queues suggests holders prefer staking and locking up their ETH rather than selling.‌‌