SAWA

$ETH entered the second, larger bear flag after breaking below the first bear flag on 12/15, repeatedly testing the lower support, bouncing back and forth.
Currently, the implied volatility is still around 60, very close to the turning point.
Possibility 1: Increase volume to break below the bear flag's lower boundary, around 2900-2920, and add to short positions on the right side, target 2674.
Possibility 2: Increase volume to recover above 3040, with 3200 as the limit, and build short positions in batches, with a 1% stop loss.

Following <Redrum>, 21 Sawage has released a new song again
This time featuring <Ethereum>
Music video will be released tomorrow

The fully developed health warrior, the older you get, the more afraid of death
After breakfast: vitamin D + vitamin K + fish oil; after lunch: complex nutrition pack or water-soluble tablets; before bed: magnesium; staying up late: supplement with turmeric + South African nightshade
I remember reading a comic when I was a child that mocked people taking supplements as their main food source 🤡

Checked Deribit's ETH implied volatility, which has dropped back to around 60. If nothing unexpected happens, it will be an unexpected event... It's either going up or down; sideways movement can be ruled out🤣

ETH 3100 has large pending orders from Coinbase, waiting for a rebound to short.

The most expensive I've ever been in🚪
It's ether🚪

Why the hell is it starting to fall again? I haven't even opened a short position yet.

Recently watching "American Factory" and Cao Dewang's autobiography, many people's most divided impression of Cao Dewang is that he donated 3.5 billion yuan to charity while claiming that employee wages should not be increased arbitrarily.
Putting these two statements together naturally makes people feel uncomfortable.
On one hand, you make a big donation, and on the other hand, you tell employees to restrain wage increases. Is this kindness or coldness?
I won't judge; I can only say that Cao Dewang's ranking in his mind is old money + Fujian merchants. Looking at his consistent behavior logic

We can only say that a smaller increase is still an increase, the Santa Rally in the US stock market 😅
It's still better than any number gold 😭

Value correction 20u
bgw u card feels so smooth

In this market, going long is a mistake; not doing anything means no loss. Why not come and appreciate my ootd (

Happiness makes time fly. Returning home to celebrate the Winter Solstice with a couple of friends, eating and drinking without a care in the world, not paying attention to the market even when there’s no trend. 😋
This week, Europe and the United States begin their Christmas holidays, and it is estimated that the US stock market will experience narrow fluctuations. Those with positions in US stocks can reduce their beta or consider moving their positions to a moat ETF like MOAT.
ETH is still shorting at highs, waiting for the opportunity to return above 3000.

$AVGO AI Bubble Whistleblower?

$ETH has entered a low volatility zone again. I took profit on all short positions around 3200 because at that time, the open interest was continuously decreasing, indicating that the main short traders were fleeing. I'll look for another opportunity to go short later.

gm
Rat person's weekend 🍺