Fans, don't panic! Being trapped 110 points on a long position at 3060 is by no means a dead end. Look at the chart, the main force has buried a hidden stake at 2967 (Fibonacci 23.6% support line), the market has been building momentum in the 2950-2984 range, tonight's three-step bomb disposal will be steady and steady:
First move: bullets for time.
If the price pulls back to 2989 (38.2% resistance line), reduce your position by 50% as a stop-loss - this is the main force's selling pressure danger zone!
Hang the remaining position at 3025 (61.8% golden level) to secure a breakeven exit, as heavy artillery is buried here (the green order wall in the picture). If it can't break through, withdraw!
Second move: landmine counterattack.
Don't cut losses if it hits 2931 (0.0% ultimate defense line)! Reverse and add an equivalent long position to lock in the position. When the price bounces back to 2980, closing both positions can cut 30% of the loss - the main force is playing the old trick of 'false breakdown, real washout' here!
Third move: take advantage of the wind to ignite.
Tonight, keep a close watch on BTC CPI nuclear explosion results:
If CPI ≤ 2.5%, BTC's charge will drive ETH to break 3025 strongly, you will be able to exit your trapped position;
If CPI ≥ 2.7%, immediately place a short order at 2967 to hedge, making a profit when the waterfall comes to cover losses!
The hidden stake has appeared:
A sudden 5000 ETH buy order appeared at the 2984 price level in the chart (look at the right side of the order book for the 'large amount' yellow marker), this is clearly a signal from the whale's bomb disposal team! But to accurately catch the turning point? You need to see through the main force's three-second ignition technique of 'false breakdown, real counterattack'...
Focus on convergence, tonight at 20:25 I will release (ETH main force bomb disposal roadmap) - trapped? This could be your closest chance to turn the tables!
Retail investors, remember: being trapped is not the end of the world, but acting rashly is the graveyard. Last July, after ETH spiked to 2870, it pulled back to 3050 in three hours, those who cut losses at the bottom are regretting deeply!
The three words 'waiting for a callback' have buried over a trillion in principal - my strategy: chase down on breakouts, lock the throat on reversals.
$ETH
