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Today is July 5th at 5:00 PM. Over the past weekend, the market fluctuations have basically been within expectations. ETH $ETH is currently hovering around 1765.
To be honest, as long as it doesn't break through and hold above 1836, I'm not worried at all about the overall direction. The current small bounce is at best a volume-less struggle by the bulls before their death. There's no big capital supporting it from below, and once it hits the top, it can drop again at any time.
My actual trading plan for today is very clear: shorting remains the absolute core.
Defensive direction: as long as 1836 is not broken, the ultimate stop loss for the long-term short position remains firmly at 1890. I will hold this macro target of directly shorting to 1300.
Ultra-light short test: if you're itching to open a position around 1765, you can go short with a small position and set the short-term stop loss above 1788. Using a very small stop loss to bet on a drop offers a very favorable risk-reward ratio.
Also, over the past two days of scanning the market, I bet everyone has been seeing this coin $LAB everywhere. Its recent trend can only be described as "terrifying" — plummeting like a cliff one moment, then skyrocketing like a dry field suddenly bursting with green, bouncing all over the place. There's even an on-chain institution (BubbleMaps) warning that it faces a massive unlock by early investors soon, which could trigger a cascade of selling at any time.
Take my advice: no matter how high it goes or how tempting it seems, do not touch this coin!
This kind of highly manipulated weird coin is purely the market maker's crazy shakeout to liquidate contracts. Too many people on social media and in groups have died on this coin; going in just means donating liquidity. Stick to trading the major coins and don't try to earn money beyond your understanding.
Overall, I remain firmly bearish on the entire crypto market. During the weekend garbage time, control your itchy hands and don't try to catch a falling knife in altcoin weird coins. Keep a close eye on the resistance at 1836 on ETH, strictly set your stop loss at 1788 or 1890, like and follow the signal. See you at the ultimate target of 1300!Today is July 5th at 5:00 PM. Over the past weekend, the market fluctuations have basically been within expectations. ETH $ETH is currently hovering around 1765.
To be honest, as long as it doesn't break through and hold above 1836, I'm not worried at all about the overall direction. The current small bounce is at best a volume-less struggle by the bulls before their death. There's no big capital supporting it from below, and once it hits the top, it can drop again at any time.
My actual trading plan for today is very clear: shorting remains the absolute core.
Defensive direction: as long as 1836 is not broken, the ultimate stop loss for the long-term short position remains firmly at 1890. I will hold this macro target of directly shorting to 1300.
Ultra-light short test: if you're itching to open a position around 1765, you can go short with a small position and set the short-term stop loss above 1788. Using a very small stop loss to bet on a drop offers a very favorable risk-reward ratio.
Also, over the past two days of scanning the market, I bet everyone has been seeing this coin $LAB everywhere. Its recent trend can only be described as "terrifying" — plummeting like a cliff one moment, then skyrocketing like a dry field suddenly bursting with green, bouncing all over the place. There's even an on-chain institution (BubbleMaps) warning that it faces a massive unlock by early investors soon, which could trigger a cascade of selling at any time.
Take my advice: no matter how high it goes or how tempting it seems, do not touch this coin!
This kind of highly manipulated weird coin is purely the market maker's crazy shakeout to liquidate contracts. Too many people on social media and in groups have died on this coin; going in just means donating liquidity. Stick to trading the major coins and don't try to earn money beyond your understanding.
Overall, I remain firmly bearish on the entire crypto market. During the weekend garbage time, control your itchy hands and don't try to catch a falling knife in altcoin weird coins. Keep a close eye on the resistance at 1836 on ETH, strictly set your stop loss at 1788 or 1890, like and follow the signal. See you at the ultimate target of 1300!Today is July 5th at 5:00 PM. Over the past weekend, the market fluctuations have basically been within expectations. ETH $ETH $LAB is currently hovering around 1765.
To be honest, as long as it doesn't break through and hold above 1836, I'm not worried at all about the overall direction. The current small bounce is at best a volume-less struggle by the bulls before their death. There's no big capital supporting it from below, and once it hits the top, it can drop again at any time.
My actual trading plan for today is very clear: shorting remains the absolute core.
Defensive direction: as long as 1836 is not broken, the ultimate stop loss for the long-term short position remains firmly at 1890. I will hold this macro target of directly shorting to 1300.
Ultra-light short test: if you're itching to open a position around 1765, you can go short with a small position and set the short-term stop loss above 1788. Using a very small stop loss to bet on a drop offers a very favorable risk-reward ratio.
Also, over the past two days of scanning the market, I bet everyone has been seeing this coin #gStocks代币化股票上线 everywhere. Its recent trend can only be described as "terrifying" — plummeting like a cliff one moment, then skyrocketing like a dry field suddenly bursting with green, bouncing all over the place. There's even an on-chain institution (BubbleMaps) warning that it faces a massive unlock by early investors soon, which could trigger a cascade of selling at any time.
Take my advice: no matter how high it goes or how tempting it seems, do not touch this coin!
This kind of highly manipulated weird coin is purely the market maker's crazy shakeout to liquidate contracts. Too many people on social media and in groups have died on this coin; going in just means donating liquidity. Stick to trading the major coins and don't try to earn money beyond your understanding.
Overall, I remain firmly bearish on the entire crypto market. During the weekend garbage time, control your itchy hands and don't try to catch a falling knife in altcoin weird coins. Keep a close eye on the resistance at 1836 on ETH, strictly set your stop loss at 1788 or 1890, like and follow the signal. See you at the ultimate target of 1300!