Ethereum has been really dull these days, and the 3150 level just can't be broken through.
Looking at the market, the bears are suppressing it hard, unable to push it down, while the bulls are being repeatedly hammered down, which is quite awkward. Short sellers are afraid of a rebound trapping them, and longs are continuously trending downward. Neither side feels good.
Plus, tonight the US stock market might open with a sharp decline, and it seems the market will follow the downward trend. This current situation is really uncomfortable, and it’s uncertain when it might collapse directly. Tonight, it’s probably going to be tough watching the screen all night, and all that effort might be wasted.
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MidnightMEVeater
· 12-18 12:34
Good morning everyone, the 3150 level is a classic liquidity trap, with both bulls and bears feeling the squeeze.
Staying up late to watch the US stocks plummet—this is the daily fate of night creatures.
Both sides are being repeatedly hammered, essentially a price shock feast in the robot playground, and it's time for retail investors to pay tuition.
Who knows when they'll be eaten in the dark pool—this arbitrage zone has long been marked.
It's truly incredible; the one-hour time cost in front of the screen during a crash is enough for you to enjoy several late-night snacks.
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SchrodingersPaper
· 12-17 04:12
Oh man, 3150 is such a tormenting level, both bulls and bears are repeatedly manipulated
If the US stocks fall, Ethereum will definitely follow suit. Tonight, it looks like it will be another dead body to guard.
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EternalMiner
· 12-15 15:49
3150 is deadlocked, feeling suffocated. When the US stocks explode, Ethereum can't move it, this market is really incredible.
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TokenVelocityTrauma
· 12-15 15:44
3150 is deadlocked, with both bulls and bears being completely wiped out. This wave's rhythm is truly exceptional.
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ImaginaryWhale
· 12-15 15:39
This threshold of 3150 is really tough, it feels like getting stuck.
Being heavily suppressed by the bears, if it stays stuck like this, it will eventually collapse.
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Blockchainiac
· 12-15 15:25
This level 3150 really feels stuck, can't go up or down, so frustrating.
Ethereum has been really dull these days, and the 3150 level just can't be broken through.
Looking at the market, the bears are suppressing it hard, unable to push it down, while the bulls are being repeatedly hammered down, which is quite awkward. Short sellers are afraid of a rebound trapping them, and longs are continuously trending downward. Neither side feels good.
Plus, tonight the US stock market might open with a sharp decline, and it seems the market will follow the downward trend. This current situation is really uncomfortable, and it’s uncertain when it might collapse directly. Tonight, it’s probably going to be tough watching the screen all night, and all that effort might be wasted.