Ethereum futures have been quite volatile these past two days. Yesterday, I planned to go short in the 3240-60 range, but the price rebounded to 3228 before encountering resistance, and the plan fell through. This morning, after seeing a bottom at 3120, although the trading volume initially shrank then increased, my attempt to go long at 3155 market price was not strong enough, so I hurriedly exited. Then I switched to a short position, and as the price surged to 3086, I failed to take profit successfully, finally closing the position manually at 3210.



From the current market situation, as long as the 3080 level holds, the bullish trend remains intact. But I must honestly say that I remain cautious in this kind of market and do not dare to greedily chase the rally. Tonight's plan is to watch around 3080 and see if there can be a second test to re-enter. If there’s no opportunity, I will look to short near the upper boundary of the 3194 range, focusing on catching bullish opportunities after a pullback.

As for whether the price can really break below 3080 or break above 3303, I can't say for sure. I will follow the signals the market gives, and when signals appear, I can replicate new ranges and height expectations. Conversely, I will look for lows on the left side to buy the dip.
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YieldWhisperervip
· 1h ago
nah the math on these support levels doesn't actually check out... 3080 held how many times already? seen this exact pattern collapse in 2021, classic false bottom energy tbh
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StakoorNeverSleepsvip
· 13h ago
This wave of 3080 must hold, or the bulls will really have no hope. I'm also trying to find the rhythm. Damn, your repeated stop-losses are like paying tuition fees haha. I was also manipulated out like that. Closing at 3210 was a bit early; I feel there's still a chance to push higher. Honestly, watching your operations, you're much steadier than me. I would have been liquidated for chasing the rally long ago. The market is too slippery. I also considered going long at 3155 during that wave, but in the end, I chickened out. Just wait for the second test; there's no rush. Anyway, the money can't run away. Whether 3080 breaks or not is the key. If it breaks, it's time to stop-loss and turn short. Forget about 3303. This kind of market looks easy to trade but is actually very difficult. Bottom-fishing and chasing the top require a different mindset.
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SatoshiChallengervip
· 01-08 09:58
A bunch of support and resistance levels, but in the end, still can't be predicted? This is the legendary "follow the signal" strategy.
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LongTermDreamervip
· 01-08 09:57
Oh no, this rhythm is really amazing. My short position plan from yesterday was directly reversed and taught a lesson. Wait, can 3080 really hold? It feels a bit weak this time. To be honest, based on the three-year cycle theory, this position is actually a pretty good bottoming point. I just want to ask, has anyone really bought long at 3155, or am I just too bad? I follow whatever the market says, anyway I’ve been thoroughly taught a lesson three or four times. If 3303 really breaks through, I will directly switch to a bullish trend. If it can't break, I will continue to hold the lower side of the left side.
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UnluckyValidatorvip
· 01-08 09:57
The market is so volatile, I chased in vain, still couldn't grasp the long and short directions Is the 3080 level going to break? Are the bulls really finished? I feel it's getting harder and harder to judge Closing positions and reversing, I advise everyone not to follow my example, just a negative lesson Waiting at 3080 for an opportunity, either bottom fishing or doing nothing, this state is really exhausting Whether it breaks 3303 or not, I can't bet on it, let's just trust the signals
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MergeConflictvip
· 01-08 09:55
Once again, this kind of choppy market movement is really unbelievable. Is 3080 really that crucial? It feels like we're just rubbing against it every day. Honestly, watching your operations is a bit tiring for me. Entering and exiting so frequently, how much in fees have you spent? Waiting for the second test while holding onto 3080? Might as well just sleep and check the signals when you wake up. Following the signals exactly as they come— isn't that just waiting to die? You still need to make your own judgments. Seeing how cautious you are, I actually trust you even less. Either chase greedily or stay honest and keep your position empty. Can 3303 really break through? I bet it can't. See you in a bit.
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MoodFollowsPricevip
· 01-08 09:51
Yeah, this pace is indeed fast. 3080 not breaking is still bullish, and I'm also waiting for the second test. --- It's another round of cutting losses repeatedly. Looking at your approach, I also agree—chasing the rally is really suicidal. --- I'm also watching the short at 3194, just worried about another reversal. --- Honestly, in this kind of market, you should stick to your stop-loss and not be greedy. --- Listening to the idea of bottom-fishing on the left side sounds simple, but in practice, who isn't caught in a trap? --- Holding the line at 3080 should be fine; the key is to listen to the signals. --- So many trades back and forth in one day, the fees must be quite a lot. --- Are you holding the position tonight? I also positioned around 3080. --- Whether it breaks 3080 or not is really hard to say; the market is too fragmented.
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Rugpull幸存者vip
· 01-08 09:39
Oh wow, the pace is really fast. I also got wiped out quickly. Chasing the 3155 long position was too greedy. I feel like your move this time is the same mindset I had last week. Whether the 3080 breaks or not is really uncertain. It all depends on whether there will be a second test tonight.
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