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ETH this round once again validated my previous view.
A few days ago, I kept emphasizing a point:
Don’t just stare at BTC lately.
In many people’s eyes, it’s only whether BTC is up or not, but the place where the market is truly strong has actually started to shift.
On the 21st, I reminded everyone:
BTC’s price action is relatively weak, but ETH has been strengthening—funds are flowing toward ETH.
At the time, many people didn’t understand.
Because most people’s attention was still on BTC, thinking that if BTC doesn’t move, the whole market has no opportunity.
But trading can’t only look at the surface.
Where the money goes, opportunities are there.
Last night, when ETH was around 1910-1920, quite a few brothers still asked me:
“Can we short here?”
My view is very clear:
For the short term, you can look for a pullback, but don’t blindly short.
Because this round’s ETH structure is already different from before: lows keep getting raised, and the capital support is clearly visible.
So how did the price action play out?
From around 1910, it surged all the way up, and the high directly hit 1967.
If friends who chased a short near 1920—were they taken out in this move this morning?
The market never runs according to what most people think.
When everyone feels like it can’t rise any further, that’s often when capital starts to push.
Now ETH has pulled back to around 1945, and personally I’m still watching this level.
If 1945 holds, next I continue to look at:
a pressure test at 1980.
If 1980 breaks through, then the 2000 integer milestone is the market’s next target.
Why have I been emphasizing ETH these past few days?
Not because it was already pumping that I said it’s strong.
It’s because even before it started, I had already seen the change in capital.
Trading isn’t about chasing highs and killing lows.
The real opportunity is always before the market forms consensus.$ETH #ETH重返1900美元