The most frustrating thing about this sideways consolidation pattern in Ethereum's recent market is this kind of range-bound movement. It could go up, it could go down, and you can't really tell what will happen next. My current advice is to simply stay out of the market and wait for signals before re-entering. If you really can't resist entering the market, there's a high chance you'll be hit with a reverse move, ending up trapped and losing heavily. That feeling is indeed very uncomfortable.
To be honest, I've cleared out all my holdings. In terms of the overall trend, the market logic remains consistent, but during this sideways consolidation phase, no one can predict accurately. From my technical analysis, it seems there might be a potential for a rise, but the actual movement has been suppressed—this is why the most prudent choice now is to stay put. Instead of guessing here, it's better to wait for confirmed signals before taking action, so you can avoid the trouble of getting caught in a trap.
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notSatoshi1971
· 12-27 09:45
Being out of the market is really the most comfortable, no need to watch the charts every day and have your mood explode.
Sideways trading is the biggest demon king; anyone who enters will die.
Clearing the position and taking a big nap is more satisfying than anything.
Technical analysis is deceptive; wait until the signals come.
Me too, I haven't held any coins, just pretending this isn't happening.
This kind of market tests your mentality the most; I choose to admit defeat.
Wait a moment, there's no rush anyway, let the bullets fly for a while.
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MevTears
· 12-27 02:52
Consolidation is like eating people without leaving bones, I also cleared out.
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SerLiquidated
· 12-27 02:50
Consolidation is so exhausting; clearing out is the right move.
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SelfSovereignSteve
· 12-27 02:43
Sideways trading is the most frustrating thing; the technical analysis keeps giving set-ups that all turn out to be false signals.
Clearing is the right choice; instead of gambling, it's better to wait for signals.
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GasWrangler
· 12-27 02:33
nah, technically speaking if you analyze the mempool data, this sideways action is actually sub-optimal for retail traders. the priority fee differential alone demonstrates why sitting on stables is mathematically superior right now. anyone fomoing in deserves the liquidation, demonstrably false to think otherwise.
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BlockImposter
· 12-27 02:28
Going completely out of position is the right way; this market is just fishing.
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BrokenRugs
· 12-27 02:26
Consolidation is really a harvest machine for new investors. If you can't see clearly, don't make a move.
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ForkMaster
· 12-27 02:24
My coins have been cleared long ago, now I'm just waiting to catch the signals. No one should pretend to be cool during this sideways movement.
The most frustrating thing about this sideways consolidation pattern in Ethereum's recent market is this kind of range-bound movement. It could go up, it could go down, and you can't really tell what will happen next. My current advice is to simply stay out of the market and wait for signals before re-entering. If you really can't resist entering the market, there's a high chance you'll be hit with a reverse move, ending up trapped and losing heavily. That feeling is indeed very uncomfortable.
To be honest, I've cleared out all my holdings. In terms of the overall trend, the market logic remains consistent, but during this sideways consolidation phase, no one can predict accurately. From my technical analysis, it seems there might be a potential for a rise, but the actual movement has been suppressed—this is why the most prudent choice now is to stay put. Instead of guessing here, it's better to wait for confirmed signals before taking action, so you can avoid the trouble of getting caught in a trap.