The longer it consolidates, the harsher the direction! Pretending to be asleep during the day, drawing the sword at night — this market, the tricks of the market manipulators are all written in the K-line!

Brothers, today’s ETH movement is really grinding! Since it shrunk to 4310 in the morning, it has been jumping between 4400-4450 repeatedly, like a snail that hasn't woken up, taking one step and resting three. When it surged to 4465 at seven o'clock in the evening, I thought it was finally waking up, but before it even stretched its head out, it was slammed back to its original form — the resistance at 4470 is as hard as an iron plate, anyone who touches it gets burned!

But the drama came! Just now, that Brainerd from the White House suddenly said that the Federal Reserve might cut interest rates by 25 basis points in September, and the market instantly became energetic, with ETH shooting up to 4540! And what happened? It was only handsome for three seconds before dropping back to around 4490... What does this indicate? The market was pulled by news, all just a facade!

My view is very clear:

4300 is not an iron bottom at all; the real battlefield is in the evening’s US market. So many unfortunate investors got trapped at the previous highs; how could the market manipulators easily let them off the hook? Now every rise is just setting you up for a trap, don’t get too excited just because of a rebound!

In terms of operations:

For the aggressive brothers, short with a light position at the current price, targeting 4300, if it breaks, watch for 4200, stop loss at 4520 (to guard against a spike, you know what I mean!)

For the conservative ones, wait for the US stock market to open and observe the direction, don’t rush to lose your head.

Remember: the small plays during the day are just bait, the evening US market is the time to flip the table!

Want to know if the market manipulators will really break through 4300 tonight? Follow us, we will watch the market with you tonight, and you won’t get lost in buying the dip and selling the peak! #加密市场回调