【May 22 ETH Life and Death Speed】The longer it consolidates, the more violent the breakout will be; the dog dealer's bottom line is hidden within these three lines!

I woke up this morning and looked at the market; ETH is stuck at 2614 like it's nailed to the upper Bollinger band. This trend is exactly the same as the night before the approval of BlackRock's ETF last year. The dog dealer is now playing the 'pressure cooker tactic'; you see, the MACD underwater golden cross has just emerged, and the daily line has a rounded bottom holding chips, a complete replica of the pre-breakout in January 2023.

Old investors all know that the dog dealer has been accumulating chips around 2600 for more than a day or two. BlackRock's BUIDL fund has a 95% position betting on the ETH ecosystem, with $2.88 billion in real cash laying there. But you need to be careful; this morning the Federal Reserve plans to change its monetary policy framework, and Bitcoin futures expire on the 23rd. These two time bombs could explode at any moment.

Here's a clear path for the stuck brothers:
Those with heavy positions should watch the 2700 resistance level; when it gets there, sell 1/3 first, just like in that wave last December; the dog dealer loves to smash the market at this integer point.

Those with light positions should set ambush at 2550; remember this position is the dog dealer's 'fake breakdown trap'; there was a spike here on May 11.

All orders must set a 200-point trailing stop loss. How many people died because they didn't set stop losses during the crash at the end of March?

From a technical perspective, it has now retraced to the 50% level of 1383-2736; this golden ratio point is the dog dealer's lifeline. Remember the mantra: if it consolidates for three days without breaking the level, the dog dealer will lose their shorts. Newbies are advised to add a position every $100 drop, playing 'taffy tactics' with the dealer; just like when Texas was preparing to buy Bitcoin in April, the dealer is most afraid of retail investors banding together.

Tonight, focus on two signals: if Trump’s dinner releases positive news for crypto, jump in with your eyes closed; if the Bitcoin futures settlement triggers a flash crash, you must cut losses if it breaks 2400. Remember, surviving in the crypto circle is the only way to qualify for the tail-end market; tonight, whether ETH is a dragon or a worm depends on whether it can hold above the 2614 line!$ETH #BTC再创新高

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