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Go short blindly on the rebound of ETH and the like to 1790-1800, take profit at 1790-1800, stop loss at 1808, cut half off at 1755, and leave the rest to watch 1720-1680.
That’s stacked heavily above: 1790-1800, with MA20 pressing down + trapped longs clustered together.
Below the first stop: 1755-1750. If it breaks through, it will go straight to 1720; if it breaks again, look at 1680.
① On the 1-hour chart, it found the bottom and rebounded to above 1780, but the bounce is soft and weak; sell pressure at 1800-1820 sinks like a slab of iron.
② After three consecutive nights of strikes between Iran and Israel, the probability of Fed rate hikes has surged to 45%. Yesterday, the ETH ETF also saw another inflow of $15.4 million.
③ Tonight’s CPI: if it’s higher than expected, it will crash directly; if it’s lower than expected, it will bounce first then get smashed. The large-cycle short trend remains unchanged—this rebound is only technical correction, not a reversal.
After going sideways for so long, once the sell-off starts, it won’t be a small splash.
The meat is already prepared; here’s the knife—whether you chop is up to you. $ETH