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#ETH Ethereum order placements still indicate a bearish trend reminder (can start building positions in batches) (watching for a major drop in the next two days)
Ethereum short near 3120 (within 5 points error, enter immediately) with 20x leverage and 10% position size.
Currently, there are some small-scale short positions in the market; after clearing these, a rapid decline is likely. The probability of a major drop within the next two days is very high. From a macroeconomic perspective, precious metals and a series of non-ferrous metals have started to turn around, and U.S. stocks also experienced capital outflows last Friday. Macroeconomically, the outlook is nearly exhausted for positive signals.
From the market analysis, 3050 has already shown fake support (weak rebound, inducing more longs). The next time 3050 is touched, it’s very likely to be broken through with a large bearish candle.
Note: Do not rely on heavy positions; key levels are for testing only, and do not indicate a long-term trend.
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