$ETH Ethereum short position reminder and position analysis: Ethereum short position 3461.11 (enter directly within a deviation of 5) position 20x leverage 10% position. Stop loss 3491.11, maximum loss total principal 1.5%.
3460 nearby is the most recent dense trading range on the market, and it is also very likely to be a position where support and resistance may switch. In addition, the overall market is still completely controlled by bears (temporarily), and most of the upward movement is driven by the main bear positions closing, so we generally do not expect large-scale upward movements in such a market, especially since the previous days have seen significant declines; currently, we prioritize range-bound trading for the possibility of substantial upward movement.
Note: Do not use heavy positions as a reference, just test critical positions, as it does not represent the long-term direction.
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