The ETH short position this afternoon was pretty spot on. Looking back at last night’s market, Ethereum surged to around 3220, just a bit shy of the 3230 mark. It failed to break through and then reversed downward, hitting as low as 3065. Today, the price has mostly been seesawing between 3170 and 3180.
Judging by the overall trend, the downward momentum is clearly stronger than the upward. With the weekend approaching and liquidity already low, there’s a good chance the price will continue to dip. After analyzing the data, I decided to open a short position, using 1200 USDT with 150x leverage, with an additional entry set at 3240. I expect the price will likely keep heading down today, so I shared this strategy in real-time on the Square—those who followed along should have already seen the direction, right?
My habit is to trade in real time, and I only share strategies based on my immediate judgment—I don’t play the hindsight game. For this trade, I set the take-profit targets at 3100, 3080, and 3050, with a stop-loss at 3310. The strategy is mainly based on candlestick patterns and on-chain capital flows, except in extreme market conditions, since surprises always happen.
Lately, I’ve been focusing on mainstream coins and some altcoins, mostly using swing trading. ETH, BTC, and SOL are my main focus, and my entries are usually pretty accurate.
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DuskSurfer
· 12-05 09:02
150x? Bro, that's a gambler's mentality. If you can't handle it, don't play like that.
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gas_guzzler
· 12-05 09:02
Opening a 150x short? Bro, that's pretty gutsy. What if there's a sudden wick?
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P2ENotWorking
· 12-05 09:02
150x leverage? Bro, are you trading or gambling?
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AirdropHarvester
· 12-05 08:57
Playing with 150x leverage so aggressively, aren't you afraid that a single extreme market move could liquidate your position?
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NotSatoshi
· 12-05 08:43
150x leverage, that's some real guts. With poor liquidity on weekends, a sudden reversal is almost certain.
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NoStopLossNut
· 12-05 08:42
150x leverage is really intense, but I'm just worried that an extreme market move could liquidate the position instantly.
The ETH short position this afternoon was pretty spot on. Looking back at last night’s market, Ethereum surged to around 3220, just a bit shy of the 3230 mark. It failed to break through and then reversed downward, hitting as low as 3065. Today, the price has mostly been seesawing between 3170 and 3180.
Judging by the overall trend, the downward momentum is clearly stronger than the upward. With the weekend approaching and liquidity already low, there’s a good chance the price will continue to dip. After analyzing the data, I decided to open a short position, using 1200 USDT with 150x leverage, with an additional entry set at 3240. I expect the price will likely keep heading down today, so I shared this strategy in real-time on the Square—those who followed along should have already seen the direction, right?
My habit is to trade in real time, and I only share strategies based on my immediate judgment—I don’t play the hindsight game. For this trade, I set the take-profit targets at 3100, 3080, and 3050, with a stop-loss at 3310. The strategy is mainly based on candlestick patterns and on-chain capital flows, except in extreme market conditions, since surprises always happen.
Lately, I’ve been focusing on mainstream coins and some altcoins, mostly using swing trading. ETH, BTC, and SOL are my main focus, and my entries are usually pretty accurate.