$ETH Missed the previous rally? Now is your chance to buy in. Long ETH now! Entry: $2420 - $2440 TP: $2470 - $2500 - $2600 - $2700 SL: $2390 #Gate7DayNetInflowsTop3

$ETH @Has the interruption of continuous net inflows signaled that the market is entering retreat mode? Ethereum performed remarkably well recently, with bullish sentiment soaring. Now that it has fallen, what exactly is the reason? First, Walsh turned hawkish last night, mainly expressing concerns about inflation. The market interpreted this as meaning that rate cuts are off the table to combat inflation, while rate hikes are possible. If rates rise, funds will flow sharply out of investment markets, with investors rushing to deposit money in banks and earn interest on U.S. Treasuries. This news triggered coordinated selling, causing both major cryptocurrencies and gold to plunge. There is no need to panic. Personally, I believe this is very likely a pullback driven by funds taking advantage of the negative news. The major cryptocurrencies have surged for nearly 10 days after breaking out of their sideways trading range. From a technical perspective, they have indeed reached the point where a pullback was due, and concentrated profit-taking creating short-term selling pressure is normal. Second, geopolitical conflicts are gradually easing, and their impact on the crypto market is becoming increasingly limited. This is making the major cryptocurrencies more stable and less susceptible to news-driven volatility. In addition, based on my analysis, although rate cuts currently appear unlikely, rate hikes are also not very realistic. While inflation does need to be addressed, U.S. Treasuries are also a factor. As U.S. Treasuries continue to rise, the interest expense becomes a huge burden for the U.S. Treasury. Market funds are also rushing to buy Treasuries and deposit money in banks to earn interest, leaving no one to invest in factories or work, which would drive unemployment sharply higher. This trend is already emerging. Therefore, the most likely scenario is that the current situation will be maintained. There will probably be another wave of downward correction and selling next week. Conservative investors are advised to wait for the pullback to stabilize before going long at lower levels. Personally, I estimate that the price could fall below 2400. I will continue to monitor the situation and look for the best entry point. #BTC重返81000美元

The trend actually emerged very early, and I also warned everyone about it in my articles. But many people refused to believe it, thinking that the so-called “bull market has arrived.” Just follow the trend and don’t engage in wishful thinking. If you can’t trade, study hard; if you can’t learn, leave the market. This is also what I often tell my students. I was able to recover from being liquidated in the past and turn 10000U into 90000U in two months simply by following the trend: add more when I’m right, and admit my mistakes when I’m wrong. I want to tell you the most honest thing: Every minute you spend fighting the market is time wasted that could have been spent making money. The market will not change just because you refuse to accept it. It will still move however it is going to move. Accept everything that has already happened. Then focus on the next trade. That is the most ruthless skill in trading. $BTC ‌ $ETH ‌ $TAC ‌