🔥The big reshuffle is coming! $ETH and altcoins, are you ready for the next step?
Currently, ETH is still in a high volatility phase in the short term, and there is a possibility of another downward move. The focus is not on ETH itself but on how it should align with the rhythm of altcoins.
Most funds in the market are currently in a wait-and-see state, with many people not fully invested, waiting for lower entry points, or holding USDT ready to short. As soon as ETH makes a slight upward move, people rush to altcoins, hoping to catch a wave of catch-up, but what happens? As you have seen in the past two days, those who chased in have basically been trapped, and many have had their mental state collapse.
Last night, the total market value of the altcoin sector once pulled back over 15%, reflecting the extreme fragility of short-term sentiment. Today, ETH rebounded strongly again, disrupting the rhythm of retail investors. Those who wanted to cut losses yesterday didn’t, and now that the price has returned, they are even more reluctant to act.
From the perspective of the main players, this is a good time for repeated washing, and there may be a small upward move to trigger a 10%-20% short-term rise in altcoins, attracting more retail FOMO to enter, and then another drop to clean up floating positions.
The key resistance for ETH is around 3940, and theoretically, it is difficult to break through here. If it breaks through, it will open up upward space, impacting the 4100-4200 range, pulling back those who sold below 3500. It is more likely to form a “right shoulder” pattern around 3900, guiding technical traders to be bearish and inducing bears to open positions, then taking the opportunity to make a counter-rise, which is one of the favorite tactics of the main players.
The Nine Gods suggest: Now is not the time to chase the rise or panic, but rather to calmly observe the layout of the main players. The market is volatile, and operations need to be steady.
$TAC $M
