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$ETH Today I won't talk about trends, today I want to be the main force,
Below is a view that different people see differently, if I am the main force, my target is the short liquidation zone around 2400 to 2410.
I won't directly push up, but will first grind between 2375 and 2385, to wash out the impatience of both bulls and bears.
After enough grinding, suddenly push to 2395, triggering the first batch of short stop-losses.
A brief pullback to 2385 to shake out trend followers, then a surge to 2405 to 2410, liquidating short positions above.
Shorts' stop-loss inertia pushes higher, I will accordingly build full short positions from 2400 to 2410 to distribute at the high.
This move is a bit challenging for me, requiring repeated attempts to test 2410 with candlesticks but unable to stabilize, long upper shadows appearing one after another, with abnormal volume expansion.
It's not that I lack the strength to push up, but I am flipping long positions to retail traders chasing the high, while adding to my shorts.
After distributing, there will be a violent pullback.
Long stop-losses are around 2325 to 2330. (Too lazy to type more, ask in the comment section) $BTC $LAB