On the early morning of the 18th, I observed the trend of #数字货币市场调整 . Personally, I tend to favor shorting. If it rebounds to the range of 3060-3090, one could consider positioning a short order. Initially, I am looking at 2960-2900 below. If it breaks this support, 2800 is also a possibility.

Speaking of this trend, doesn't it feel like there's a sense of "losing weight"? The market has indeed been reducing its swelling recently.

ETH-5.3%

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MercilessHalal

· 12h ago

The metaphor of losing weight is just perfect, it feels uncomfortable to watch. I'm also considering a short order, just afraid that a rebound will hit my hands.

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GateUser-7b078580

· 12h ago

Data shows that this pullback indeed conforms to historical patterns... Just wait a bit longer, the support level will be clearer when viewed on an hourly basis.

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CryptoGoldmine

· 13h ago

Looking at the setup of this support level, the idea is still relatively clear. However, I am more concerned about the current computing power yield ratio, as this is where the real opportunity for layout lies. --- It's indeed a drop, but the question is whether the rebound can reach 3090; I see it as unlikely. We'll have to wait for the difficulty retargeting cycle to discuss it further. --- A short order layout is possible, but you need to calculate your ROI cycle clearly. Rushing to get on board may lead to losing out on fees. --- The position at 2800 is a bit precarious; technically, 2850 is the key support. It would be good to look at the historical patterns of difficulty adjustments. --- While the swelling may be diminishing, the growth curve of the computing power network hasn't stopped. The real buy low opportunity comes during such times; don’t just focus on the candlestick charts. --- If we rebound to 3090 to layout a short order, I recognize this idea. However, keep an eye on the ETH mining difficulty as well; tracking both dimensions is more reliable. --- This metaphor about falling off the scale is quite good; it indeed feels like the market is self-repairing. But from the perspective of computing power, this is actually a good time to accumulate.

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RugDocScientist