Are you brave enough to short this 4h fake breakout in ETH? $ETH /USDT - SHORT Trading Plan: Entry: 2442.83 – 2455.91 SL: 2512.17 TP1: 2402.27 TP2: 2370.86 TP3: 2323.76 Why watch this setup? - $ETH /USDT is currently quoted at 2449, right at the 4h EMA resistance band. The short-term 15m RSI is only 52.7, with neither bulls nor bears showing strength. - The daily chart clearly indicates “range-bound trading.” The biggest danger in this kind of market is chasing longs—2455.91 above is a hard ceiling. If it cannot break through, the bearish scenario is on. - Why now? Because the 1h ATR is only $26, with volatility compressed to an extreme, which usually means a major move is imminent. The SHORT target is TP1 at 2402 first; after the breakdown, TP2 at 2370 is the main course. - The stop-loss is set at 2512, with a risk-reward ratio close to 1:2.5, making it worth a try. Discussion: Will this move hit TP2 first, or is it a bull trap? Show your position in the comments!

This kind of range-bound market actually offers a very good trading experience. Although the overall bias was bearish this morning, it was also clearly noted that the short-term market would continue moving back and forth within a range. Before a valid breakout occurs, it will remain in repeated low-amplitude oscillation, making it suitable for selling high and buying low. In live trading, the entry point for the short position this morning was relatively late. After opening a short at 774 and smoothly taking over 500 points in profit, we reversed into a long and gained another 600-plus points of upside. As mentioned previously, the hourly chart has entered a range-bound consolidation phase, and with the range offering nearly 1,000 points of fluctuation, it is suitable to switch between highs and lows and arrange positions flexibly. Judging from the current market rhythm, neither the upside nor the downside has completed a breakout. Direction is unlikely to be chosen in the short term, and a clear breakout will most likely have to wait until tonight. $BTC ‌$ETH ‌

BTC & ETH Coverage Stands Out! $BTC $ETH Gate’s new Proof of Reserves report gives an interesting asset-level view. Both BTC and ETH are reported at roughly 22% excess reserves, helping explain how the platform reaches its overall 127% reserve ratio. This is why looking beyond the headline percentage can reveal more useful information. #GateReservesRiseTo$8.2Billion