News: The plunge is the main force 'putting on a show', don't get led by the rhythm
Grayscale 'increasing positions' is a trick
Last night, Grayscale suddenly made a large purchase of ETH. On the surface, it's good news, but in reality, the main force is using this opportunity to offload! Experienced investors know this trick—once retail investors chase the rise, they get buried at the peak. The Federal Reserve is to blame, but there's an opportunity to exploit
In the early hours, the Federal Reserve hinted that 'interest rates may be raised in September', causing the dollar to surge and crashing the crypto market. However, ETH whale addresses have been quietly bottom-fishing, and smart money has already moved; so why are you still panicking?
Technical Analysis: Three price levels determine life and death, keep a close eye on them!
Resistance level 4377: The starting point of last night's plunge. If today's rebound can't surpass this level, it's all a trap to lure you into buying! Key level 4224: Once broken, it turns into strong resistance. If it rebounds to this level in the morning, it will be pushed back down; don't force it in the short term. Support level 4060: The line of life and death! The RSI indicator is already close to the oversold zone and can’t drop further. If it hits this position, just buy blindly and you'll profit!
Today's Operations: 4060 is the money-making level; don't wait until it rises to slap your thigh
Long position opportunity: Place long orders near 4060, aiming for a rebound from overselling! This position is a support level + RSI oversold, signaling the end of the main force's washout, it's stable! Take profit point: Sell half at 4224, and keep an eye on whether 4377 can break through. If it can't get through, take all profits; don't be greedy! Shorts should not act rashly: If 4250 can't hold, you can short, but you must close positions before 4060! This position is the bottom line; don’t go against the main force before it breaks down.
Key to market change: These two days will determine the direction
If 4060 can't hold: The market may test the bottom again, but the probability is low; the main force has almost finished accumulating. If it breaks through 4250 with volume: The reversal trend starts, shorts will be severely punished, and longs should prepare to count their money!
To be honest
The crash is just a redistribution of wealth; during the main force's washout, whoever panics will lose! 4060 is the money-making level; if you don't buy the dip now, will you chase it when it rises to 4300? By then, the main force will have already sold the chips to you!
Remember: Making money in the crypto market relies on 'others' fear and my greed', but you have to choose the right position. Near 4060, just close your eyes and go for it!
If you want to delve deeply into the crypto market but can't find a clue, and want to quickly understand information differences, click on the profile to follow Jinlian for first-hand information and deep analysis!
#杰克逊霍尔会议
Grayscale 'increasing positions' is a trick
Last night, Grayscale suddenly made a large purchase of ETH. On the surface, it's good news, but in reality, the main force is using this opportunity to offload! Experienced investors know this trick—once retail investors chase the rise, they get buried at the peak. The Federal Reserve is to blame, but there's an opportunity to exploit
In the early hours, the Federal Reserve hinted that 'interest rates may be raised in September', causing the dollar to surge and crashing the crypto market. However, ETH whale addresses have been quietly bottom-fishing, and smart money has already moved; so why are you still panicking?
Technical Analysis: Three price levels determine life and death, keep a close eye on them!
Resistance level 4377: The starting point of last night's plunge. If today's rebound can't surpass this level, it's all a trap to lure you into buying! Key level 4224: Once broken, it turns into strong resistance. If it rebounds to this level in the morning, it will be pushed back down; don't force it in the short term. Support level 4060: The line of life and death! The RSI indicator is already close to the oversold zone and can’t drop further. If it hits this position, just buy blindly and you'll profit!
Today's Operations: 4060 is the money-making level; don't wait until it rises to slap your thigh
Long position opportunity: Place long orders near 4060, aiming for a rebound from overselling! This position is a support level + RSI oversold, signaling the end of the main force's washout, it's stable! Take profit point: Sell half at 4224, and keep an eye on whether 4377 can break through. If it can't get through, take all profits; don't be greedy! Shorts should not act rashly: If 4250 can't hold, you can short, but you must close positions before 4060! This position is the bottom line; don’t go against the main force before it breaks down.
Key to market change: These two days will determine the direction
If 4060 can't hold: The market may test the bottom again, but the probability is low; the main force has almost finished accumulating. If it breaks through 4250 with volume: The reversal trend starts, shorts will be severely punished, and longs should prepare to count their money!
To be honest
The crash is just a redistribution of wealth; during the main force's washout, whoever panics will lose! 4060 is the money-making level; if you don't buy the dip now, will you chase it when it rises to 4300? By then, the main force will have already sold the chips to you!
Remember: Making money in the crypto market relies on 'others' fear and my greed', but you have to choose the right position. Near 4060, just close your eyes and go for it!
If you want to delve deeply into the crypto market but can't find a clue, and want to quickly understand information differences, click on the profile to follow Jinlian for first-hand information and deep analysis!
#杰克逊霍尔会议
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
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