2026-01-09 03:31:25

Ethereum has recently experienced another needle-poking trick. Yesterday's market movement once dropped below the support level of 3080, but fortunately it didn't stabilize there, avoiding a false alarm.

From the current trend, after this needle is pricked, it is highly likely to enter a sideways consolidation phase. The Black Friday prelude has already begun, and the market may enter a state of stalemate. If you are planning to short, now you need to think through two things: first, at which specific point to enter the market, and second, where to set your take profit and stop loss.

Friends without a clear trading plan don't need to rush; you can observe first. The market rhythm has changed, and strategies need to be adjusted accordingly. The recent movements are indeed testing the patience of bulls, and a high-altitude mindset remains the mainstream for now.

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HashRateHermit

· 1h ago

Again and again, getting stabbed with a needle. The crypto circle just never lets people rest, right? You need to have a really strong mentality. --- If you can't hold 3080, then you really need to recalculate. Those still daring to short now are probably veterans. --- Sideways trading is the most annoying, more uncomfortable than directly smashing down. Not sure how to position myself. --- The term Black Friday is quite fitting in the crypto world, really oppressive. --- Don't act recklessly without a plan. I need to remember this; I’ve fallen for it before. --- Is high-altitude trading mainstream? Then the bulls need to be cautious these past couple of days. --- It looks like there will be more volatility, might as well take a break. --- If the stop-loss is set incorrectly, you can lose everything. The difficulty lies here. --- Let's wait and see. Anyway, I can't run away, so this little bit of time isn't a big deal.

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GateUser-e51e87c7

· 4h ago

Here we go again, if the 3080 can't break through, then just want to tinker with sideways movement, really impressive.

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ApeWithAPlan

· 01-09 13:24

It's the same old trick again. When the 3080 can't break through, they start talking about sideways movement. When it actually sideways moves, they come up with new stories. The market rhetoric this round is really top-notch.

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OfflineNewbie

· 01-09 04:00

Poking and prodding, just trying to scare retail investors. I almost got washed out during the 3080 wave, luckily I didn't move. Now that it's sideways, let's just let it be. --- Shorting? I don't dare, it's safer to just watch. --- Black Friday is here, it's been tough these days. But if I have no plans, I'll just keep lying down, anyway I can't lose. --- Testing patience again, and all the patience has been tested and exhausted. --- I'm afraid of the 3080 crash, when will it rebound? --- Is the mainstream thinking bullish? Then I'll keep bottom-fishing, since I'm already trapped. --- Taking profit and stop-loss are easy to say, but when it comes to actual operation, everything gets chaotic. Who isn't like that? --- If it's a stalemate, so be it. I'm going to sleep now, and I'll check the market when I wake up.

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LiquidityWitch

· 01-09 03:58

Stuck in sideways trading again, Black Friday is coming. I just want to ask if anyone is still bottom fishing. --- Taking profits and cutting losses is easy to say, but when it comes to the actual level, I start to get hesitant. Understand? --- Although we held the 3080 level, it feels like there’s still hope ahead. Continuing to observe. --- Only brave warriors are entering now. I, this coward, will wait and see for a while. --- What does it mean for the mainstream to think about going long? The bears will keep pushing down. --- No plan, no play. I choose to lie flat and watch this wave. --- I just want to know how long this sideways trading can last. Will it break next week or next month? --- The market pace has become so fast. Those who can’t keep up are probably losing money.

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UnluckyMiner

· 01-09 03:50

It's good that 3080 didn't break support. I've been stuck in this sideways movement. --- Tired of the needle-play tricks, when will it go back up? --- Shorting? I'm still calculating my stop-loss, friend. --- Black Friday is here, and so is the standoff. We still need to keep an eye on this trade. --- The bulls are a bit tired, and so am I. --- No plan +1, just lie flat and observe. --- The market rhythm has really changed; we need to readjust. --- That hurdle at 3080 really tests people's resolve.

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MintMaster