There are no eternal declines in the cryptocurrency world, but today, the bears are celebrating with ETH!—This statement is for all those eager bottom-fishers eyeing the 4300 mark.

This morning, ETH was like a drunken man who drank too much, staggering down to 4300 USD, just a step away from a waterfall-like crash. The current price at 4320 seems to stabilize, but in reality, it is just a short-squeeze by the bears—this downtrend hasn’t ended; it’s more like a suspense drama playing at double speed, with the climax still to come.

Don’t be deceived by the brake! Three candlesticks reveal the truth.

Opening the hourly chart, three consecutive bearish candles are like three inverted daggers, piercing through all fantasies of a bottom rebound. 4300 is not the bottom, but more like a probe testing market sentiment by the bears—when the bulls think the decline can't go further, that's often when the real danger begins.

Remember this rule: Sudden stops in the cryptocurrency world, 90% are to shift gears and continue charging. This decline is not accidental, but rather the prologue to a major cycle adjustment.

Shorting at highs is the main theme!

1. Technical aspects: The downtrend channel has not been broken
4380 firmly suppresses ETH's rebound space. 4320 is just a technical pullback after hitting the support level, not a reversal signal.

2. Fund flows: Big whales are in action.
On-chain data shows that in the past 24 hours, 32,000 ETH have been transferred from exchanges to cold wallets. Historical experience: Whales don’t bottom-fish; they only dump.

3. Sentiment: Retail investors are catching falling knives.
The louder the calls to bottom-fish at 4300, the more it indicates that the market consensus hasn't hit the bottom yet. The real bottom often appears when everyone is in despair.

Three life-saving principles for retail investors

Don't guess the bottom: The bottom is walked out, not guessed.
Only follow the trend: The hourly bearish arrangement hasn't been broken, don't be a hero going against the trend.
Control your position: Testing the waters with 3% of your capital is better than going all-in and living through ten cycles of bull and bear.

There are no deities in the cryptocurrency world, only smart people who can read signals. Lao Zhao's articles don't boast or paint illusions; they only teach you practical survival skills. Follow Lao Zhao for daily entry strategies, and know in advance #加密市场回调 $ETH .