Ethereum's price movement today exhibits typical policy-driven characteristics. The bearish signals released by macro factors triggered significant stop-losses among bulls, followed by optimistic expectations that prompted a reversal to short positions, which were again liquidated. This polarization in market behavior has led to extremely cautious sentiment—aside from the recent upward and downward gaps that have scared off many participants, the anticipation of evening data releases also makes daytime trading more conservative.
From the liquidity distribution perspective, the current intraday active range is concentrated around two key levels: 2970 and 3060, forming a clear oscillation zone. Trading strategies could involve going long near 2970 and observing short opportunities near 3060, but be sure to set stop-losses—macro uncertainties mean that the influence of the US stock market's direction cannot be ignored, as its daily performance often serves as an important reference for post-lunch trends. Cautious but opportunistic—that is the optimal rhythm for the current market.
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GateUser-3824aa38
· 7h ago
It's another market cycle of cutting leeks, with both longs and shorts being wiped out.
Buy longs at 2970, sell shorts at 3060? Easier said than done, a gap down and you're stopped out immediately.
As soon as the US stocks move, everything gets chaotic. What strategy are we even talking about?
This market is just a puppet controlled by policies. Nobody should expect to make money.
Let's wait and see, it feels like it will drop further.
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SilentAlpha
· 7h ago
Another round of this leek-cutting market, both sides are trapped
Speaking of 2970, can it really hold steady? Feels like it could crash at any moment
As soon as the US stocks move, we tremble along. When will we be independent?
Set a stop-loss? Easy to say, but real leeks always get stopped out at the highest point
This wave of market action is truly outrageous. I should have just gone all-in and slept
Why can't 3060 break? Feels like it's just grinding back and forth here
Macro uncertainty? Bullshit. Honestly, it's just the big players shaking out the weak.
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LightningHarvester
· 7h ago
It's another macro-driven volatile market, with both bulls and bears getting swept.
2970 to 3060, just bouncing back and forth like this? I think we should wait for the US stocks to confirm.
Really, being cautious is right, but what's the point of making money like this?
Macro uncertainty is the biggest certainty—so annoying.
Stop-loss is set, but I still feel like it's going to blow up.
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MoneyBurnerSociety
· 7h ago
It's the same old trick again, bearish stop-loss, bullish harvest. My position at 2970 for the bottoming is still stuck at a high level. Talking about being cautious but missing opportunities, I'm just too cautious and end up missing out. Not cautious and I get liquidated directly. Truly unbelievable.
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A sneeze in the US stock market makes Ethereum tremble; this macro expectation is really more deadly than candlestick charts.
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Want to look at the data window again? I get scared when I see the data now, might as well just lie flat.
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I don't believe in this bullish layout at 2970, you said the same last time and I ended up buying at 2850.
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Not setting a stop-loss is asking for death, setting a stop-loss is also asking for death. This market is just ridiculous.
Ethereum's price movement today exhibits typical policy-driven characteristics. The bearish signals released by macro factors triggered significant stop-losses among bulls, followed by optimistic expectations that prompted a reversal to short positions, which were again liquidated. This polarization in market behavior has led to extremely cautious sentiment—aside from the recent upward and downward gaps that have scared off many participants, the anticipation of evening data releases also makes daytime trading more conservative.
From the liquidity distribution perspective, the current intraday active range is concentrated around two key levels: 2970 and 3060, forming a clear oscillation zone. Trading strategies could involve going long near 2970 and observing short opportunities near 3060, but be sure to set stop-losses—macro uncertainties mean that the influence of the US stock market's direction cannot be ignored, as its daily performance often serves as an important reference for post-lunch trends. Cautious but opportunistic—that is the optimal rhythm for the current market.