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Ideal Ether short position
Why not short now?
• Short at 2950–2960
= Short at the middle segment of the first pullback
• Above there are:
• 2975
• 3000–3020 (the real meat zone)
👉 Short now, risk-reward ratio < 1:1.5, not attractive.
2975 – 3020 Partial short
• Emotional rebound + moving average resistance
• 15min & 1H confluence
Stop loss: 3055 (hard stop)
First take profit: 2920
Second take profit: 2850
⸻
🔪 Another scenario: it collapses on its own
If next:
• 15min candle closes below 2920
• Rebound fails to break 2940
👉 Then it confirms a second downtrend, can pursue short positions.
⸻
Bullish? I’ll shut it down with one sentence
If 1H doesn’t stabilize above 3020,
All longs are just flirtation at the nightclub.
⸻
One last thing for you
Current ETH looks like someone just took a shower and is standing there wrapped in a towel—
You can stare, but don’t rush,
Wait for her to come closer, or for her to turn and walk away.