From the perspective of position changes, the key battleground for both the bulls and bears of Ethereum is around 3030. Recently, there is a clear signal—bears are starting to show signs of surrender, while the bulls are actively taking profits, with movements on both sides.
This wave of left-side positioning short positions is currently in trouble. Since entering the market, they have retraced nearly 200 points, and this level of resistance indeed hints at the emergence of a trend. Overall, the short strategy has temporarily failed.
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PessimisticOracle
· 01-08 06:42
The bears really can't hold on anymore; the 3030 level is indeed interesting.
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BlockchainTherapist
· 01-05 08:55
Shorts are suffering a 200-point loss and still holding on, this is called sleepwalking trading haha
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3030 is really a curse, both bulls and bears are anxious here
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Smart bulls taking profits, neither greedy nor losing
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Left-side short positions are now so uncomfortable... it hurts to watch
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The shorts have surrendered, it's time to admit defeat
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What does this wave of market tell us? Just because the bulls are too aggressive
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A 200-point retracement and still want to hold? Brother, wake up
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Feeling that 3030 is a watershed, it's becoming more and more obvious
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Bull take profits are rational actions, unlike some bears stubbornly holding on
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Shorts being blown up so badly, serves them right
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rug_connoisseur
· 01-05 08:44
The shorts really can't hold on anymore. Whether 3030 breaks or not will be the true watershed moment.
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A 200-point retracement, anyone would vomit blood. No wonder the short positions are starting to surrender.
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Are the bulls actively taking profits? Is this a setup for a breakout?
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It feels like the shorts have been exhausted, just waiting for that final blow.
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The 3030 level is indeed interesting; everyone is testing each other here.
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Left-side short positions are collapsing; the ones always making money are the minority.
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Bulls taking profits and shorts surrendering—both sides are making moves? The real show is yet to come.
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The resistance range is indeed outrageous; the shorts have held on so long but still lost.
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Breaking 3030 isn't a big problem; the key is whether there's anyone willing to take over above.
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It's not unfair for the shorts to lose; once the trend shifts, it can't be reversed.
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Signs of surrender, huh? I bet it will still stir for another two days.
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WhaleStalker
· 01-05 08:41
Shorts are capitulating? Haha, this wave of 3030 definitely trapped quite a few people. Watching the 200-point retracement, I’m starting to feel a bit overwhelmed.
This rhythm... the bulls are taking profits, the bears are admitting defeat, it feels like the main force is testing the waters.
Wait, a 200-point retracement for the short positions and they say they’ve lost? That’s just the beginning, there’s more to come.
3030 is really a watershed; whoever breaks through first will win.
Why are the bulls actively taking profits? Is this a sign of distribution?
The bears resisting the 200-point retracement without admitting defeat—this strength is not small. Don’t jump to conclusions too early.
Both sides are moving... this might be a sign of a breakout, hold your breath.
Signs of surrender? I think the bears might just be bluffing to gather chips.
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TokenTherapist
· 01-05 08:33
This level at 3030, the bears really can't hold on anymore. Still holding after a 200-point pullback? Buddy, you're just throwing a tantrum.
From the perspective of position changes, the key battleground for both the bulls and bears of Ethereum is around 3030. Recently, there is a clear signal—bears are starting to show signs of surrender, while the bulls are actively taking profits, with movements on both sides.
This wave of left-side positioning short positions is currently in trouble. Since entering the market, they have retraced nearly 200 points, and this level of resistance indeed hints at the emergence of a trend. Overall, the short strategy has temporarily failed.