7.22 Erbing Silk Road: stage shorts from 1920-1950, stop loss 1980, first target 1870, second target 1840

ETH current price is 1934. Yesterday it saw a surge—bullish voices are rising in the market again. Everywhere people are shouting about a breakout and chasing longs. But if you take a closer look at the chart, this rebound so far has reached this point: the volume on each candle is shrinking one after another. The price is pushed up by emotion and sentiment—not by real buying power.

In the 1950-1980 zone, on the previous few attempts, the longs that rushed in were buried. This time it’s happening again—same spot, same script. Do you think the result will be different?

Short-term focus:
Overhead sell-pressure zone: 1940-1950
Stop-loss line: 1980
First stop below: 1870
Second stop: 1840

For execution, enter in batches in the 1920-1950 range. Don’t chase the price—take it when you get a bounce. Set the stop loss uniformly above 1980. First target 1870—once reached, move the stop to protect capital, and the remaining positions continue to look toward 1840.

Most people lose money—not because they get the direction wrong, but because they enter too early, or because they enter correctly but can’t hold. Fix these two points, and trading becomes much simpler. #ETH$ETH