Is your ETH short position trapped at 3600? This position hides secrets for getting out! Jin Zhu Tian Tuan reveals the next operational step.
“Opened a short position at 3600, and now ETH has risen to 3722, what should I do?” Recently, countless similar messages have exploded in the background. Don't panic, this candlestick chart hides three key signals. After reading this, you'll understand—why some people can turn their situation around after being trapped, while others sink deeper.
1. The fatal contradiction of the current market: The life-and-death struggle between resistance levels and short positions.
Look at this chart, ETH has attempted to break through 3720 three times but has failed. What does this indicate? The main force is frantically washing the plate at this position! And your short position at 3600 just happens to be stuck below the Fibonacci 52.5% retracement level, this position is like the sword of Damocles hanging over your head—either it breaks out with volume, causing the short position to explode; or it falls under pressure, giving you an opportunity to get out.
2. Core strategy for getting out of a position: Transforming passivity into proactivity in three steps.
The price is currently stuck at a resistance level, but the MACD shows a top divergence, which is a short-term correction signal. Add 30% to the position at 3720, bringing the average cost down to 3660, so even if it drops another 50 points, you can break even.
Set the take profit for the original short position at 3580. If it falls below this level, it may trigger a chain sell-off.
If it breaks through 3750, immediately close the position and go long. Use 5% of the capital to bet on a rebound, using profits to hedge against short position losses—this is the essential difference between experts and novices.
3. The secret weapon of the Jin Zhu Tian Tuan: The foreshadowing is hidden at the watershed.
Did you notice the watershed mark on July 25 in the chart? That day, the inflow of capital suddenly increased threefold, but the price remained stagnant. If it breaks through the top of the box, it won't be able to break the strong resistance around 3770 and will fall back to 3740!
What does this abnormal signal hint at? There might be significant news catalysts next week! Pay attention to the introduction of Jin Zhu!
Click on the avatar, follow Jin Zhu to avoid getting lost! A professional team will guide you through the market fog, and the opportunity to double your gains is right in front of you.
