In recent days, ETH has been remarkably stubborn, lingering around 1830 for a full three days, putting on a stance of "I won't drop."
But experienced traders understand — prolonged stagnation must break!
Yesterday evening, while monitoring the market, I suddenly noticed BTC starting to turn downward, and ETH's 4-hour chart also showed signs of stagnation, so I immediately opened a short position.
Sure enough, when I opened my eyes this morning, the market accurately dropped 800, easily netting me a few hundred bucks!
Securing profits.
What’s next?
Now the market has broken below the 4-hour rising channel. If the closing tonight confirms a valid breakdown, the next likely stop is 1730. But watch out for two reversal signals:
If it dips to 1750 and quickly rebounds, be careful of a trap!
If it breaks the 1820 neckline, the short position must exit.
The market always rewards those who patiently wait for signals.
Do you think ETH will directly drop to 1730, or will it first rebound to lure in buyers?
Currently, those feeling lost should grab a small stool and take a seat at @趋势king
