2026-01-14 04:21:20

Ethereum is now following Bitcoin's footsteps in a strong breakout. However, my approach is very clear — wait until it reaches the top and shows a pullback signal before considering entering long.

Specifically, for short positions, focus on the previous high at 3447. If the price reaches this level and can maintain resistance and show a short signal, it presents a very good shorting opportunity.

Long positions are a bit more complex. One approach is to wait for a stop-rise signal and then use Fibonacci retracement to find low-entry opportunities. Another is to go long in the green grid area — but this requires caution, as the price has already visited this level today, and entering long directly at this point carries significant risk. It's better to observe the performance of several K-lines and not rush to act.

ETH6,06%

BTC4,24%

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BlockchainNewbie

· 10h ago

Alright, this time we really need to stay calm and not be fooled by the upward trend into entering the market. Wait, you've already gone through the green grid area today, and you're still planning to enter? Isn't that just asking for trouble? Whether 3447 breaks or not is a hurdle; only after it breaks can we say for sure. It's too early to tell now.

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ChainPoet

· 10h ago

First, break it empty, 3447 is indeed a tough level. Waiting for the pullback, the greedy ones are already dead. Here comes the Fibonacci set again, does it work every time? I blew up in the green area last time, I advise you not to follow my example. It's too risky, let's look at the K-line for a few more days, anyway, it's not a big deal to wait.

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RugPullAlarm

· 10h ago

I've been watching that position at 3447, but to be honest, the current capital concentration is too abnormal. Large address interactions have recently become frequent again... Just looking at the candlestick chart isn't enough; I need to check on-chain data before making any conclusions.

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AirdropHunter9000

· 10h ago

Wait, it's that old idea again of "waiting for the top to fall back before entering," I've heard it too many times haha

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DeFiVeteran

· 10h ago

Wait, I think your approach is a bit conservative. How many waves of market opportunities have you missed... 3447 is indeed a threshold, but with the current market enthusiasm, rushing to short could easily get swept. Why not try a small position directly in the green zone, since the candlesticks are already in place. It's a bit annoying to go through this repeated confirmation process. Isn't it just about betting on probabilities?

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