Waking up, $ETH directly staged the 4000 defense battle! 🚨
Yesterday, I thought we were hitting a historical high, but today I woke up to the '4000 defense battle'! This is the crypto world: it rises when it rises, it falls when it falls, who dares to say they understand?
The current trend is truly a 'rollercoaster' torture. Just a couple of days ago, I was excited thinking the market was stable, but today it has directly pushed people into icy water. At this position, it is highly likely that it will continue to fluctuate during the day, and the real drama may wait until the afternoon or evening: the 4000 mark may very well be pierced by a long wick!
Why? Because the crypto world never moves in a straight line; when it falls to a critical point, how could it count without a spike to wash out some people? If you don't cut losses, how can you pay tuition to the market makers?
What’s worse is that this wave of decline is not just a simple 'accident', but a change in the main theme! Looking at the current trend, the key phrase for future market movements is just four words: — 'Rebound means short'!
In the past, you might have thought that buying the dip is an opportunity, but now you need to be careful! Every rebound might be a trap set by the market makers for the contract traders. You excitedly increase your long position, and suddenly you are blown up by a single bearish candle. The main logic of the market has shifted from 'buying the dip' to 'shorting the rally'.
It's like changing scenes in a stage play; the previous scene was a 'bull feast', and the next scene directly turns into a 'bear feast'. Do you think you can outrun the market makers? Sorry, you're just the backdrop.
So, never fantasize about a 'quick reversal' again; the market has told you: speed does not equal direction! The rebound seems strong, but it is actually the best opportunity for the bears. Just wait, the real blow has not yet come.
Finally, I wish everyone who likes, bookmarks, and follows this article can reap a bountiful harvest in this round of the bull market!
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