Ether skyrocketed by 680 points! Is the sideways movement not the end, but a new trap?
Yesterday, it surged all the way to 4888, and too many people were so excited that their hands trembled, thinking it could shoot straight to 6000. What happened?
It pulled back to 4700—4800 and got stuck.
This is the crypto world: an emotional rollercoaster, traders ecstatic one night, completely bewildered the next day.
Now it's moving sideways, and many people think "it's stable," but I tell you, sideways movement ≠ safety.
It could be the buildup of emotions from the explosive surge, or it could be the prelude to the next round of a sharp decline.
The key difference lies in whether you follow the right people and can maintain your position.
I’m watching closely:
4700 is the line of life and death; if it doesn’t break, there’s still a big show ahead.
Once it breaks down, the traders will be caught in a net again.
Remember, what the market fears most is not sharp rises or falls, but this kind of torturous sideways movement. If you can’t understand it or hold on, in the end, you either sell too early or get buried trying to catch the bottom.
What I do is simple:
Rolling positions, layering positions, not betting on one side.
When others are greedy or panicking, I can still profit.
The market isn’t lacking in money; what’s lacking is someone who can lead you down the right path.
For this round of Ethereum's sideways movement, I’ve already laid out the direction. As for how to roll and how to double, it depends on whether you dare to keep up.