2026-01-08 09:28:42

Recently, a trader asked me: I entered at 3300 ETH, now it's about a $20,000 loss. Can I turn it around?

I took a quick look at the market chart, and the bullish scenario for ETH has completely collapsed. This downward move will continue further.

Opening the liquidation data, I saw that in just 24 hours, $463 million worth of longs were wiped out. The screen is all red. The market is like giving the bears a green light.

This candlestick dropped directly from 3300 to 3086. Was there any chance for you to escape in the middle? No. This is a classic "close the door and beat the dog" tactic—recently, it hovered around 3300 to create a false breakout illusion, feeding retail traders false hope. Making you think "it won't fall further" or "the bull market is returning." When you go all-in, the big players will pull the floor out from under you, causing a free fall.

What does the technical picture look like now? The MACD death cross is still widening, volume is all selling pressure, and the bulls have no strength left to resist.

Someone asked if it's possible to catch the bottom? My advice is: forget it. With this kind of decline, catching the bottom relies on luck, and if you miss it, you'll get liquidated. Also, be cautious—there might be a rebound, but once a "dead cat bounce" occurs, retail traders can easily be lulled into complacency.

The most sensible approach right now is to wait. When the rebound comes, immediately exit around 3150—losing some is better than losing everything. This is not weakness; it's the art of survival. Those unwilling to accept small losses often end up with big losses.

Who survives longer in this market? The cautious ones. Who dies quickly? Those who believe they can perfectly catch the bottom. Rebounds are not opportunities to escape; they are opportunities to run for your life. Remember this, and it can save you a lot of money.

ETH0,33%

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PaperHandsCriminal

· 01-11 07:41

Bro, I entered at 3400 and I'm still in the red... After hearing you, forget it, let's run.

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WagmiWarrior

· 01-11 05:50

All in, I was a brave warrior; only those who go all in are truly alive.

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MetaDreamer

· 01-09 00:31

Another case of "closing the door to beat the dog," retail investors really should learn to admit defeat --- 3300 long positions were slaughtered, this is the fate of gamblers, nothing more to say --- Sell on rebound, don't wait for a short squeeze, that's just self-deception --- Listen, only the timid can live longer, the greedy have already been liquidated --- You must escape even at a loss, this is a phrase everyone should engrain in their mind --- Don't be fooled by a dead cat bounce, that's the main force's final harvest --- The bulls are completely out of energy, taking over is just gambling luck, not worth it --- The market never shows mercy, admitting defeat is a hundred times better than stubbornly holding on --- The MACD death cross is widening, this is a signal, what are you waiting for --- Reluctant to take small losses, but in the end, it's a big loss, too heartbreaking

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NFT_Therapy_Group

· 01-08 09:58

People who entered at 3300 are probably unable to sleep now, I feel for them. Still, as I always say, this kind of rebound in the market doesn't save you, it traps you. Stay cautious of the "dead cat bounce" trick, everyone.

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SolidityStruggler

· 01-08 09:58

Full positions should be reflected upon; this is the gambler's mentality. The main force's tactics are really slick. --- The suggestion to run at 3150 is reliable; it's much more comfortable than holding on and being forced to liquidate. --- Another "I can buy the dip" story, every time the same, every time losing money. --- Now it looks like the bears are taking off; this market really has no hope for the bulls. Let's wait and see. --- Don't tell me about a turnaround; survive first, then talk. That's the true essence of trading. --- Dead cat bounce is indeed easy to fool people; many people lost a few thousand dollars because of this. --- Being timid actually helps you live longer. I agree with this; the greedy ones got cut. --- Looking at this K-line crashing down, taking the plunge is just asking for death, no discussion. --- This MACD death cross definitely means more decline; don't talk to me about the bottom. --- Waiting for a rebound to escape is a brilliant move, more effective than any technical analysis.

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PerennialLeek

· 01-08 09:56

Losing 20,000 and still want to turn things around? Wake up, brother. This move is just the main players' trick to harvest retail investors. Don't hold this position. --- The MACD has already formed a death cross, and the volume is all selling pressure. There's nothing more to say—just run. --- You bought the dip at 3300 and still want to catch the bottom? That mindset is truly incredible. When it rebounds, just run—don't be greedy. --- This kind of decline is really hopeless, but if you want to stay alive, take my advice—wait for the rebound to 3150 and then exit immediately. --- The main players are playing the "closing the door to beat the dog" game very skillfully. Retail investors have no time to react. Admitting defeat and running away is the way to go.

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BitcoinDaddy

· 01-08 09:46

Once again, this "close the door and beat the dog" strategy is truly classic haha Retail investors fear most this kind of sideways accumulation before a rally, and a sudden turn can catch you off guard That's right, reluctance to accept small losses ultimately leads to bigger losses. The money I've lost over the years was all greed-driven You really need to be decisive and escape at 3150, don't wait for the illusion of a rebound to get you out Being cautious is the key to survival, this really hits home

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LightningWallet

· 01-08 09:43

Entering full position at 3300 was truly incredible. There's really no hope this time. Retail investors are all living in a dream; the main players are so realistic. Stop bottom fishing, escaping is the priority. The saying "The timid live longer" is spot on, it has spoken to the blood and tears of many people.

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