The gears of history always look the same! The methods of the operators are so consistent!

Many people who shorted Ethereum a couple of days ago lost and ran away, just as mentioned in yesterday's article (CPI data released, is the pullback over? Is a new wave of rise for Ethereum coming? So naive! False breakout!)! If you don't understand how to move, you can refer to the mention of 【Shorting Ethereum is actually very tiring and not cost-effective! Especially since many set their stop losses above the highest point on July 14, there is actually over a 60% chance of hitting the stop loss and then dropping again! Even many set their liquidation levels at the highest point on July 14, and there is also a 60% chance of liquidation in this case!】

So did you get liquidated? I warned you last night that there was a 60% chance of liquidation, and you still shorted. Is it a lack of understanding on your part?

Gann Theory believes that time is more important than price! Any new high point before July 18 is likely to be a false breakout!

After a wave of liquidations, a real drop occurs. Because the position of the false breakout at 3128.95 has been reached!

Personally, I made a small short position on Ethereum near the high point of 3141.78, just to make a point! I will add to my position below 3185.22, and an extreme surge to 3200 is possible. A stop loss is effective if it stabilizes above 3206. The rebound from the double sawtooth adjustment wave of Ethereum 2932.46-3152.53 is likely already over.

After a big drop, set your cost position for profit protection, and take profit when it drops to near the 4-hour Bollinger lower band (estimated around 2906).

Of course, this is just a short position, it's best not to short, but to buy the dip during the pullback. The article (Accurate prediction of the Bull Demon King appearing in waves 3-5 on July 13-14! Fish, shrimp, and crabs beware of reaching the ultimate peak either on July 11 or July 14!) warns that when it drops near the 4-hour or 6-hour Bollinger lower band, after the pullback, there is a high probability of another wave rising to 3272.78-3307.23-3606.06, with the timing around July 22 to August 1. The time and position have been given to you, how to act is up to you!

Teaching someone to fish is better than giving them fish. The methods for judging the market have all been told to you in the articles; how to judge needs your own research.

For example, on July 11, I said that most altcoins would reach their peaks in advance on July 13-14 (most does not equal all, remember the word 'most'). Indeed, most altcoins peaked early, with only a few hitting new highs today. But if you remove most, then turn around and say I made you earn less! 😅

Friends who are not in () please judge the market for yourself; your profit or loss has nothing to do with me. Just take care of yourselves.