山河丶
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Even if this market does not count as a reversal, it can be considered a significant rebound, enough to intimidate the bears. Looking at the monthly chart, there's a sense of going to war with the bears. If the bears still do not retreat in the face of difficulty, we might see another strong bullish candle next month. Therefore, those buying spot must hold on and not get shaken out. Those with low leverage longs need not worry, but the low leverage bears should be cautious. If this time is not a rebound but a reversal, then losses will be substantial. Aiming for 5678 is not unreasonable, right? $ETH
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It's highly likely that there aren't many long positions left and instead, there are quite a few short positions. Considering this with a 'retail investor' mindset, Ethereum has been struggling for half a year, and rebounding to over 2500 here is simply looking for a setup. But think about why this rebound is so strong? It's because every rise or fall has the sole mission of completely eliminating either the bears or the bulls. Everyone believes that 2500 is a place to short with their eyes closed. If it goes up to 3000 in a few days, the short sellers will be even more restless, and then the bull market will truly begin. Of course, this isn't exactly the best time for the bulls to jump in, because plans can change quickly, and there's always a possibility of a sudden drop. One can only say that the bullish probability is higher; chasing the market and cutting losses is the old business of retail investors.
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Hello to the air force trapped in Ethereum, if you don't have enough margin, or your liquidation price is around 3000, congratulations, you hit the jackpot. Even if you're only holding on waiting for liquidation, the current sideways movement is giving you one last chance to think. The market has always been one-sided, and once the direction is wrong, if you're still reluctant to cut losses, the only outcome is liquidation, because you are not holding spot. $ETH
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Short sellers should be cautious, the rise is obvious and far from over. The consolidation allows short sellers to get in, then we will start the next step. In fact, many people have already cut their losses around 1500. The washout has been very successful. For this round of increase, let's first look at around 3150.
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Next, it is undoubtedly going to continue to rise. Take profit at 2425, and low leverage short positions can be entered. Let's rise first and then fall, as the bears are chasing too closely.
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50597612723
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