ThisIsTranslateContent:SinoD

The difference between ETH and “the big pie” is this: the big pie has already smashed through the POC, but ETH hasn’t yet touched that key daily support/resistance swap zone (around 1,842).
In this leg, ETH is down less than the big pie, but don’t think that means it’s strong. If, afterward, the real-bodied candlesticks effectively break below that daily support level, then the nature of it changes—just like with BTC: support turns into resistance, and a rebound back toward that area becomes the spot where trapped positions are used to escape.
At that time, whenever any pullback comes close to

BTC started dumping at 7:00 this morning, directly breaking through the POC (price point of control/chip concentration area) that had been holding up for the past two days.
With this move, the situation changes in nature—what used to be support (the POC) becomes resistance/pressure. Anyone who entered at this level has now turned into stuck positions. Next, if there’s a rebound back near the POC, the first reaction from these longs will be “finally out of the bag, let’s run,” so this zone will form fresh sell pressure.
In other words, the POC becomes a graveyard for longs. After that, if a reb

ETH’s daily chart has already touched the prior high’s support/resistance swap zone. Whether this step holds firm or not is the key. If it holds, there may be another bounce toward 1950-1960, but remember—touching is touching; reaching a level doesn’t mean a reversal. The bounce is for you to catch, not for you to chase.
If 1960 is not broken, keep the same view and continue to look bearish. If it can’t hold, same as BTC: once it breaks through, it will leak—don’t keep holding on; if you need to, run.
(Just talking nonsense—don’t take it seriously.)$ETH ‌

From the daily chart, this spike insertion wasn’t for nothing.
Although during the session price dipped below the current-phase POC (high-volume trading area), the close came back above it, indicating someone is picking up below, and the bulls haven’t completely given up.
As long as today’s daily close doesn’t break this POC with the body, the rebound logic is still in play.
· First target: 68,000
· Second target: 70,400
Right now, it’s either hold and go long—if it truly breaks through, accept it. Don’t fall in love with candles.
(Just talking nonsense—don’t take it seriously $BTC ‌@)

BTC continues to decline this morning, and the CVD line that I saw yesterday showing a bullish divergence indeed only rebounded to around 78,500 before dropping again. Today, the CVD line continues to show a bearish divergence. Keep bearish, and the stop-loss for the short position can be set at 78,000. #BTC #ETH

BTC currently shows a bullish hidden divergence on the 1-hour CVD line (lower CVD, but price hasn't gone lower), and is rebounding. If the rebound reaches the 78,500 resistance level, you can choose to short/continue to observe.