In the ever-changing landscape of the cryptocurrency market, the trend of Ethereum (ETH) has become the focus of many investors. Looking back at recent market conditions, since the price touched the 2650 level, I have repeatedly warned against blindly chasing after it. When the price rose to 2550, I emphasized the risks of chasing even more. By continuously studying analysis videos shared by industry veterans and combining it with my own understanding of the market, my ability to assess market conditions has gradually improved. Now, I prefer to use box structure theory to analyze ETH trends, as this method allows for a more precise grasp of market rhythms compared to random operations without strategy.

In the past, I might have rashly entered the market to buy when ETH fell from 2730 to 2620, but now even when the price dips to 2520, I still maintain a wait-and-see approach. This change comes not only from technical analysis but also from insights into market sentiment — the current market signals do not support the layout of long positions. In this unique market of cryptocurrencies, human greed and fear are amplified: the prior rising market first forced short sellers to liquidate, and then proceeded to 'harvest' long positions. Each round of market's late stage often hides crises, severely imbalance between gains and risks. Previously, investors holding a large number of short positions above 2620 have suffered heavy losses, while large holders successfully completed their sell-offs above 2700.

Meanwhile, a new hot topic in the cryptocurrency field — Conan Dogecoin is sparking widespread discussion. This coin is inspired by the 'hero dog' Conan, who was awarded by former U.S. President Trump. The team behind it claims to have strong industry resources and operational capabilities. For investors with a high risk tolerance who seek high returns, Conan Dogecoin, with its unique story and team endorsement, may have the potential for value explosion in the short term and is worth adding to the investment watchlist. However, it is important to note that the cryptocurrency market is highly volatile, and investments must still be carefully assessed for risk.