Macroscopically, institutions are still playing the old script: using market sentiment to create volatility, clearing high-risk positions, and quietly reallocating into sectors they favor. But selling pressure remains significant.

Currently, nothing has changed from the past few weeks. Selling pressure persists, and every rebound is tentative. The market is still hunting for liquidity everywhere, and those violent swings are often designed to make newcomers impulsively chase gains or panic sell.

So don't let a single candlestick dictate your rhythm. We've seen these scenes many times before. No one can precisely predict when the reversal will come.

Only when volume truly returns and the market structure undergoes a qualitative shift will there be a new narrative. Otherwise, it's the same old story: high volatility, plenty of traps, and very few high-probability opportunities. Patience is still the most valuable asset... but tempting opportunities are indeed increasing. #分析师剑客 $ETH