$1,724 ETH—are you panicking? First, look at the surface: bad news is everywhere, retail investors are cutting losses, but the price has already stopped falling. A month ago, ETH was still above 2,000; now it’s down to 1,724—down nearly 20%. BTC is ranging around 63,500, and the ETH/BTC ratio is hitting a new low. Everyone is blaming, “ETH is too weak.” What the candlesticks tell you: the 1,700 level is the 78.6% Fibonacci retracement and also the June low area. It has been tested three times without breaking. On the 4-hour chart, an upward channel has already started to form, with small bullish candles one after another. The bottom is here, but 99% of people don’t dare to buy. First thing: a personnel shake-up at the Ethereum Foundation—did it scare you away? The co-executive director resigned, and development funding may have a shortfall. The moment the news broke, FUD spread across the entire network. But think about it carefully: Has there ever been a bull run without internal turmoil first? In the 2022 bear market, Vitalik was criticized even worse than now. Has there ever been a major bottom that wasn’t accompanied by panic? In 2023, ETH at 1,500—everyone said “it’s going to zero.” Personnel changes are short-term noise; protocol upgrades are the long-term narrative. Second thing: the Glamsterdam upgrade—possibly even more aggressive than Merge. This is the biggest protocol upgrade since Merge. The core includes: EIP-7732 (enshrined PBS): makes block construction fairer, so MEV profits are no longer monopolized by a few. EIP-7928 (block-level access list): greatly improves L1 efficiency and lowers L2 fees. Third thing: the technicals have already started showing “bottom language.” On the daily/4H levels: The 1,700 test level holds after three attempts, forming strong support. The 4H chart has entered an upward channel, and small bullish candles are stabilizing. RSI is neutral to weak, but it’s no longer making new lows—this is “momentum exhaustion,” not “it still has to fall.” MACD is beginning to flatten below the zero axis, about to form a golden cross. On one side: The Glamsterdam upgrade is in progress (to land in Q3), possibly the biggest catalyst of the year Morgan Stanley’s ETF application includes a staking feature—new institutional capital inflow Whales keep accumulating, with a staking rate of 33% (37 million ETH locked) Support at 1,700 tested three times; 4H upward channel On the other side: The Federal Reserve hints at more rate hikes, and the macro environment continues to weigh on things Foundation personnel changes + FUD about a funding gap The ETH/BTC ratio hits new lows, showing short-term weakness Market sentiment is driven by fear, and retail investors keep selling Key level: 1,724—life-and-death line at 1,700. Resistance above: 1,780 → 1,820 → 1,900 → 2,000 Support below: 1,700 → 1,620 → 1,507 Key levels: Support: 1,700 (strong) → 1,620 → 1,507 (June low) Resistance: 1,780–1,820 (recent highs) → 1,845–1,865 → 1,900–2,000 (psychological levels) Long-term DCA believers: Start DCA in the 1,700–1,720 range, buying in batches—add more with every 5% dip. Earn 3–4% annualized yield by staking via Lido or Rocket Pool, and hold until Glamsterdam lands. Short-term swing traders: Stabilization at 1,700–1,720 + a high-volume breakout above 1,780 to enter, stop-loss at 1,680, targets 1,820 → 1,900 → 2,000. Futures/contract traders: Max leverage 2–3x; macro uncertainty is high. Go long with a stop-loss at 1,680, and go short when stagnation signs appear above 1,820. Per trade, don’t risk more than 5–10% of your total position size; keep enough cash. If it breaks below 1,620, cut your position in half. ETH now looks an awful lot like 2023’s 1,500— Back then, everyone said, “Ethereum is useless.” What happened? Six months later, it hit 4,000. Bottoms are never “called out”—they’re cut out. When everyone around you is cursing ETH, that’s when you should buy. When everyone is shouting, “The bull market is here,” #我的Gate交易时刻 #美伊谈判推迟 #预测世界杯巴西VS海地 $BTC $ETH $SOL is when you should sell.

This one is out, the market immediately stops rising! 📉🔥 A few days ago, before bed, I was watching $RESOLV , it still looked like it was holding high levels on the surface, but the more I looked, the more it seemed weak, volume didn't keep up, and the resistance above didn't loosen, a quick push was pushed back down. I really don't want to chase this kind of rebound. Before the market fully started, RESOLV gave an opportunity around 0.02202. I saw that there was insufficient support and no one was willing to buy up, so I directly followed the plan to go short 👀. Now the price has come to 0.01465, with a return of +1611.82%, this short position was closed very cleanly ✅🎯. It was annoying to grind through earlier, but exiting feels really good. This is the rhythm. Don’t get emotionally attached to profits. In terms of operation, first close 80% 💰, and keep the remaining 20% to protect the cost basis 🛑. If the price continues to drop, let the profits run; if it rebounds, don’t give the profits back. If you missed it, don’t chase ⚠. Chasing can easily mess with your mindset. Wait for a clearer signal next time, wait for a pullback confirmation, and act once the new structure appears 🔔. ‍$BTC $ETH

Evening of June 20 Strategy Plan — Priority Ranking Operation Priority Order First Priority: 1701–1704 buy on pullbacks without breaking below; best risk-reward ratio. Second Priority: 1715–1719 short under pressure; suitable for high sell-offs in a ranging (oscillation) zone. Third Priority: 1720 after a volume increase and holding steady, buy on pullbacks. Fourth Priority: 1697 if it breaks below and the rebound attempt fails, then follow the trend to short. $ETH ‌