The short-term surge is merely an impulsive rebound; $SPCX the opportunity to short the pullback from the highs is perfectly timed! This wave of gains is driven by short-term capital in an impulsive speculation. Around 167 is where multiple resistance levels converge, and a concentrated outflow of break-even positions and short-term profit-taking positions is creating strong resistance to further gains. The signal of a surge followed by a pullback is clear. Short positions were opened at 167.10 with 100x leverage, and a stop-loss was set in advance to mitigate the risk of an adverse spike. Market follow-through failed to keep up, and the price steadily pulled back to 164.30. 100x leverage carries enormous risk—do not be greedy and bet on a larger downside. $BTC $ETH #Gate亮相TOKEN2049

I went back to my hometown during the National Day holiday and spent a few days relaxing and recharging with my wife and child. After completely stepping away from the charts for those days, I felt exceptionally relaxed. After trading for a long time, your nerves are constantly on edge. Your eyes are fixed on the market around the clock; the moment the chart moves, your focus immediately sharpens. Over time, this takes a tremendous toll on both body and mind. Trading is only one part of life, so never devote all your energy to it. Rest when you need to rest, and relax when you need to relax. Living comfortably, while occasionally placing one or two trades and still making some gains—that is how trading should add to your life. Never turn trading into a burden, leaving yourself exhausted day after day; the cost is simply not worth it. Enough small talk. Let’s get back to the charts. After Ethereum surged to 2780 in the previous round, it began a corrective pullback. Last night, the market plunged directly to around 2400, with the overall retracement approaching 400 points. Today, the market rebounded amid choppy trading and returned to around 2500. Seeing this long lower wick, quite a few people have become restless again, believing this is the golden bottom and that the bottoming process has been completed. But my view is that there is not enough volume support below, and I cannot see large funds entering the market. The rebound from 2400 back above 2500 is merely a technical bounce after the decline. Without incremental capital, the market’s foundation is not solid. Last night’s wick-driven move directly liquidated a large number of high-leverage positions. The subsequent rebound was actually the complete cleanup of the weak hands in the market, making the chart “lighter.” The main players are holding low-priced chips and using this rebound to create a false bullish signal. Many people saw prices recover, got carried away emotionally, and as the market rebounded above 2500, fearing they would miss out, hurriedly chased into long positions! Everyone only needs to look at the trading volume to spot the problem: during the rise from 2400 to 2500, trading volume shrank drastically, with no large-scale influx of genuine capital to absorb the selling. Therefore, at this stage, I am more inclined to arrange short positions based on the resistance levels above. Ethereum trading recommendation: short at 2542‑2558, place the stop at 2592, target 2490‑2445-2380$ETH .