Today, the market has experienced a pullback. Do not panic; it is normal for the market to fluctuate. There have been no significant negative news releases, and the trend, in the short term, is still upward.
Taking Ethereum as an example, the recent price movement once again confirms the technical pressure pattern—whenever the price reaches a key resistance area, it is normal market behavior to see a spike followed by a pullback. This phenomenon essentially reflects the restructuring of the tug-of-war between bulls and bears at important psychological levels. Retail investors should pay more attention to the continuity of momentum around the pressure level rather than being disturbed by the long upper shadow of a single daily candlestick. As former Federal Reserve Chairman Alan Greenspan warned: "All economic forecasting models have a fatal flaw; they lose their reference value precisely when decision-making needs guidance the most."
The current market is in a critical verification period, and the previously accumulated bullish expectations require a new breakthrough to confirm the sustainability of the bull market. This stage is essentially an important transition from "expectation-driven" to "fact-supported" market narratives. For ordinary investors, it is crucial to maintain strategic stability: retaining ample capital reserves is the core strategy for navigating through the foggy period. Betting all your chips too early is akin to walking a tightrope at a high altitude; if the direction is misjudged, not only will you miss subsequent layout opportunities, but you may also fall into the abyss of passive positions—true market hunters always leave themselves three chances to place their bets.
