2025-12-02 10:30:24

#BinanceBlockchainWeek $ETH

Ethereum has been consolidating for quite a while. Although there is a bit of improvement now, there is significant selling pressure above — those long positions are still trapped, and if things go wrong, it could trigger a second wave of selling, directly breaking through the 2500 support level.

My thought? You can look for shorting opportunities in the range of 2850 to 2900. Right now, it's a standard oscillating pattern. After this round of digestion, it's very likely that we will see a directional breakout.

ETH-4.06%

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memecoin_therapy

· 23h ago

After watching so many rounds, I still think being stuck with locked-in positions is a bit scary. I'm also waiting for shorts at 2850-2900, but I'm afraid it might just be a fakeout again. It's been ranging for too long; feels like something unexpected might happen. If this breakout really crashes down, whether we see 2500 depends on how sincere the buyers are afterward. Are the bulls really unable to get out? Feels like someone is still holding the line. The night before a breakdown is always the most nerve-wracking. But honestly, it's still a bit early to go short right now—let's wait and see how the order book reacts.

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Anon32942

· 12-03 16:13

The 2850 short position has been opened, just waiting for the crash.

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AirdropNinja

· 12-02 10:57

Here comes the short positions rhetoric again, but I am bullish. --- I’m not afraid even if 2500 breaks, looking bullish in the long term. --- This time it won’t be that simple, I feel like there will be a reverse breakout. --- There are too many traps, better to wait and see. --- Shorting? I don’t believe you can hit the right timing. --- Let’s wait and see, don’t rush to get out of positions. --- I can’t make money during this period. --- How's the support below, no one mentioned it. --- The loss-making positions have already run away, stop being so pessimistic.

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ZkSnarker

· 12-02 10:57

well technically the bagholders at 3k+ aren't liquidating, they're just... quietly suffering. imagine if that 2500 support actually breaks lol—whole different game

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blockBoy

· 12-02 10:57

2850 short order has been set, now we just need to see if it can break 2900.

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MemeEchoer

· 12-02 10:56

Bro, can 2500 really break? I think it's unlikely, the long positions aren't that weak. --- Here we go again with the shorting, I won't follow this time, I got burned badly last time. --- Wait, this logic feels a bit confusing, rise first then fall? Or just crash directly? --- Shorting at 2850-2900? Laughable, to not buy the dip at this level and instead short, that's some serious guts. --- After so long, can we really break the defense? I think we'll likely see a rebound again. --- Sideways is just building up strength, can't just blindly look to short.

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GasFeeNightmare

· 12-02 10:54

Going to short again? You lost pretty badly the last time you said that.

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FlashLoanPrince

· 12-02 10:50

There are so many loss-making positions, if 2500 breaks, I really won't understand it. --- After being sideways for so long, is it a short squeeze or dumping? We’ll see who loses their patience first. --- Shorting at 2850-2900? I feel like this point needs to wait a bit longer. --- Again, it's this "high probability breakthrough"—who knows the direction? Betting right or wrong is all about luck. --- Long positions are holding on, short positions are building up, and we suckers are caught in between, just like that. --- Breaking through 2500 is no small matter, it could be quite tragic. --- To put it bluntly, it’s just not knowing whether to rise or fall, just waiting for signals.

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