Looking at ETH’s recent price action, the short-term outlook remains bearish, favoring a pullback under pressure, with selling into rallies as the primary strategy. The market continues to repeat the cycle of rallying into resistance and then pulling back, with prices repeatedly testing the resistance above. After each test, profit-taking selling is released in concentrated fashion. On the hourly timeframe, indicators show that momentum quickly fades after rebounds, with severely insufficient upside continuation. Even when the market stages a short-term rebound and recovery, it is more often a bullish trap amid consolidation rather than a trend reversal. Wait for the market to rebound toward the resistance zone, then layer short positions while closely monitoring the support levels below. Adjust expectations in a timely manner based on the strength of support absorption, and never neglect risk management when entering any trade. Trading plan: Regarding ETH’s current price action, prioritize shorting rallies. Resistance at 1905, 1940, and 1980 is stacked above; as the price rebounds into the corresponding zones, build short positions in batches. Watch support at 1860, 1820, and 1780 below. Repeated short-term tug-of-war between bulls and bears is normal; the levels will not remain fixed, so positions can be entered when the price approaches the zones. If support can effectively withstand selling pressure during the pullback, continue range trading. If support is decisively broken, the correction will accelerate, but every position must have proper protection. #区块链 $ETH $BTC $SOL

August’s market action, bluntly put, has just been a back-and-forth grind The crypto market has been seesawing throughout August, with Bitcoin repeatedly getting shaken out around 65000, while Ethereum keeps grinding without being able to push higher, and market panic remaining elevated. Small-cap coins are even more ridiculous, rising for one day and falling for three, with longs and shorts taking turns getting rekt. On top of that, key data such as CPI keeps disrupting the market, with wicks sweeping back and forth as soon as the data is released, leaving many people toyed with by the market. Many people regret not getting in when prices surge, then panic and rush to cut losses as soon as there is a pullback. Once trapped, they stubbornly hold on; when chasing highs, they can easily lose money outright. These things play out in the market every day. Many people are solely focused on trying to catch the exact top and bottom, always dreaming of doubling their money in one shot and treating short-term trading as a quick path to riches. They take oversized positions and stay up late watching the charts, especially on nights when data is released, staring fixedly at the market. As the candlesticks alternate between red and green, their emotions rise and fall with them. But the market will not cater to people’s greed. A major rally is a bonus from the market, while a major drop is a lesson for traders. Don’t assume the entire bull market is over after every pullback, and don’t get carried away after every rally, thinking prices are about to take off. Institutional ETF funds are still entering the market gradually, and the overall direction of the four-year halving cycle has not changed. CPI is only a short-term market catalyst. It can create short-term surges and plunges, but it cannot change the long-term trend. The current back-and-forth consolidation is simply shaking out people with impatient mindsets. In trading, our biggest enemy is not the market but ourselves. After a 5-point drop, we comfort ourselves by saying it is just a shakeout; after a 20-point drop, we stubbornly refuse to stop out; after making a little profit, we rush to exit, then hurry to take a heavy position after missing the move. Many people also deliberately bet heavily on CPI results: they feast if they guess right and suffer huge losses if they guess wrong, placing their hopes on luck in a data gamble. Those who can truly endure the market’s major ups and downs understand just two principles: cut losses promptly and hold on to profits; keep positions light and take profits off the table in batches. Don’t take oversized positions to gamble on data-driven moves. Wait for the market to digest the volatility before deciding what to do. Don’t envy how quickly others seem to be making money in the short term. High-leverage returns may look tempting, but one wick can wipe you out completely. Being able to survive in this market for the long term is far more important than getting rich overnight. $ETH Use spare money to build positions in Bitcoin and Ethereum, and stay away from high leverage. Don’t touch small-cap coins you don’t understand. If you can’t read the market clearly, simply stay in cash and observe. When major data such as CPI is released, you must control your impulses and avoid gambling recklessly. That is the foundation of ordinary people’s self-preservation. People often say that August market conditions are especially torturous, but cycles do not keep falling forever. Every major drop and pullback is an opportunity for calm-minded people. There is no need to obsess over the gains and losses of the past few days. Zoom out over a longer timeframe, and these small rises and falls are practically nothing on the chart. #Pre-IPOs第三期KIMI今日开启认购 $BTC Stay calm, stop repeatedly refreshing the intraday chart, and stick to your own trading rules. Control your greed when the market is hot, and remain patient when the market is quiet. Don’t get angry with the market, and don’t let other people’s opinions in group chats sway you. Only make money within your circle of understanding, withstand volatility, and hold on to your positions—that is how you wait for the bull market that belongs to you. The market never lacks opportunities; what it lacks is people who can control themselves. Keep your composure and endure the volatility—time will not let down those who stay disciplined#股票交易分享挑战

The recent market action has indeed been particularly grueling. Yesterday finally brought some movement. Whether you are bullish or bearish, you need to face reality: the 65,500–67,000 area for Bitcoin has extremely strong resistance, and repeated attempts to test it have failed to establish a firm foothold. My view is very clear: you can be bullish and go long, but before the resistance is truly broken, do not blindly chase the rise, as you could easily get trapped. Although the four-hour chart closed with a bullish candle, it cannot change the current situation of bears having the upper hand. The daily K-line middle and upper bands are both moving downward, so the overall trend remains bearish. The market often surges into a resistance zone, then moves sideways for several days before pulling back. Those who chase the rise will be put in a passive position. Likewise, do not blindly chase shorts after a pullback, as a sideways rebound could trap short chasers. In the short term, focus on selling into strength, control your position size, and participate in batches. Do not make a heavy one-shot bet on the outcome. Trading suggestion: Above, focus on the resistance levels at 64,800, 65,800, and the previous high at 66,800. Build short positions in batches around these levels. Below, watch the support levels at 63,500, 62,500, and 60,500 in sequence. In a ranging market, avoid entering with a heavy position all at once; build positions in batches while closely monitoring the support below. If support breaks, respond promptly. #区块链 $BTC $ETH $SOL