ETH has become a sluggish market, is the washout crazy? Don't panic, this kind of trend is actually the most dangerous but also the most profitable!
Recently, the movement of ETH can only be described in one word—grind.
It can't go up or down, the K-line is as horizontal as a fishing line,
Occasionally, there is a spike, but it is instantly smashed back...
Many people looking at the market are beginning to doubt life:
"Is the main force selling off, or is someone deliberately controlling the market?"
"Is a big market coming?"
"Can we still chase? Should we short?"
I just want to say one thing:
Don't be fooled by its sluggishness; this kind of trend is actually the easiest to profit from.
ETH's recent structure is a typical high-level oscillation + washout mode, characterized as follows:
The range repeatedly hovers between 3700-3870, with dense upper and lower shadows, clearly inducing longs and shorts;
Volume continues to shrink + trading congestion decreases, indicating that large funds are controlling the rhythm to wash out positions;
The balance between longs and shorts has not been broken, the price movement and structure are inconsistent—this is the most dangerous and also the most profitable place!
✅ The main force has a clear goal: wash out floating positions, guide emotional misjudgments, and wait for a directional consensus to violently spike or break down.
✅ Strategy suggestions (key points):
This market is not suitable for betting on direction, but for playing the rhythm:
1. High sell low buy in the range
Lightly buy on dips between 3700-3735, set a stop-loss below 3680;
Gradually take profits above 3850-3880, quick in and out, don’t linger.
2. Unilateral breakthrough plan (strong signal):
If it breaks through the 3890-3910 range with volume, holding steady for more than two hours, and tests back without breaking 3880, consider chasing long positions, targeting 4080-4200.
Conversely, if it breaks below 3680 with volume, the short-term trend will lean bearish, targeting a pullback to the 3520 or even 3450 support zone.
3. Position suggestions:
Do not heavily bet on price fluctuations, use a 30% position for range trial trades + rolling profit strategy, and do not delay stop-loss;
Remember: it's not that you don't understand trading, it's that you always want to go all in to bet on the right direction!
Key reminder:
The current ETH is "controlling emotions,"
If you rush, it crashes; if you fear, it rallies!
This is a typical washout period; the more uncomfortable the grind, the closer to a big market.
The truly profitable people are not betting on direction, but instead:
Daring to buy low, daring to sell high, able to afford losses, can withstand pressure, and hold steady!
