Ethereum Bull Trap Warning: Selling Risks Approaching, Short Positions Are Justified
Core Viewpoint
Ethereum's current rise is a typical bull trap pattern. Technical signals are clearly bearish, and hidden concerns exist in the capital flow. The short-term selling risk is extremely high, and immediate caution and short position deployment are necessary.
Key Warning Basis
1. Technical Outlook Fully Bearish: MACD indicator forms a death cross at high levels and crosses below the zero line. The green downward momentum bars continue to expand, and the price has broken below short-term key moving averages such as MA5 and MA20, indicating the bullish structure is completely broken. 2. Abnormal Capital Fluctuations: Recently, Ethereum ETF capital flows have been volatile, with large net outflows in December. Inflows at the start of the year lack sustainability. Institutional holdings are clearly divided, making it difficult to support high prices. 3. Profit-taking Selling Pressure Surges: Short-term gains have reached 50%, and profit-taking positions worth hundreds of billions are eager to be closed. Once a concentrated sell-off occurs, it will trigger a chain reaction of declines. Historical data shows that similar patterns can lead to a 40%-60% correction.
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纽约翻仓大神
· 01-04 12:53
The upward wave of the bull trap market. If it extends, the subsequent consolidation period will only be pushed further back, delaying the decline. However, it cannot fundamentally change the downward structure. The only time retail investors all start bottom-fishing is when it's the best point to establish short positions.
#加密市场开年反弹 $ETH
Ethereum Bull Trap Warning: Selling Risks Approaching, Short Positions Are Justified
Core Viewpoint
Ethereum's current rise is a typical bull trap pattern. Technical signals are clearly bearish, and hidden concerns exist in the capital flow. The short-term selling risk is extremely high, and immediate caution and short position deployment are necessary.
Key Warning Basis
1. Technical Outlook Fully Bearish: MACD indicator forms a death cross at high levels and crosses below the zero line. The green downward momentum bars continue to expand, and the price has broken below short-term key moving averages such as MA5 and MA20, indicating the bullish structure is completely broken.
2. Abnormal Capital Fluctuations: Recently, Ethereum ETF capital flows have been volatile, with large net outflows in December. Inflows at the start of the year lack sustainability. Institutional holdings are clearly divided, making it difficult to support high prices.
3. Profit-taking Selling Pressure Surges: Short-term gains have reached 50%, and profit-taking positions worth hundreds of billions are eager to be closed. Once a concentrated sell-off occurs, it will trigger a chain reaction of declines. Historical data shows that similar patterns can lead to a 40%-60% correction.
I am here on this platform to help more fans avoid risks. Follow and subscribe to me to help you position short before the big C wave decline, accurately grasp entry and exit points, and stay away from bull trap pitfalls.
(Share precise short-term levels in subscription info)