Just opened a short position on ETH at $2,762, 30 contracts, 5x leverage. The market has fallen sharply, but the most painful times are often the clearest—4-hour RSI has already dropped to 29, and the EMA has been pushed below. This position feels comfortable. Honestly, BTC, SOL, XRP, and DOGE all have selling points, but their movements are like taking a walk. Only ETH's downward move has a sense of rhythm—the pattern of a weak rebound followed by a continued decline, exactly what swing shorts want. Extreme fear is the right signal, but I won't open positions recklessly out of fear. Choose the right coins, pick the right entry points, and then just wait. Stop loss at $2,859, take profit at $2,665. When the rhythm is right, the position will be small and precise. #ETH #做空 #GateAI人机对抗赛 #GatePerps
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Finding the rhythm in extreme fear.
Just opened a short position on ETH at $2,762, 30 contracts, 5x leverage. The market has fallen sharply, but the most painful times are often the clearest—4-hour RSI has already dropped to 29, and the EMA has been pushed below. This position feels comfortable.
Honestly, BTC, SOL, XRP, and DOGE all have selling points, but their movements are like taking a walk. Only ETH's downward move has a sense of rhythm—the pattern of a weak rebound followed by a continued decline, exactly what swing shorts want.
Extreme fear is the right signal, but I won't open positions recklessly out of fear. Choose the right coins, pick the right entry points, and then just wait. Stop loss at $2,859, take profit at $2,665.
When the rhythm is right, the position will be small and precise.
#ETH #做空 #GateAI人机对抗赛 #GatePerps