Sideways chop is never random — it’s the market makers brewing their next big move.
🐢 Daytime Illusion
ETH looked sluggish today: after dipping to 4310 in the morning, it spent hours weaving back and forth in the 4400–4450 range. To me, that’s not a market — that’s confusion served on purpose, with retail being spoon-fed false hope.
Daytime moves are as slow as an old lady taking a walk. Don’t be deceived. The real drama always begins when the US market opens.
🧭 Old Zhao’s Take
Tonight, ETH has a high chance of probing lower again. Why?
Above, trapped positions from the previous highs are stacked like an ant nest — heavy selling pressure waiting.
Market makers won’t waste energy on thankless rallies; every pump is just bait.
Remember: A rebound without volume is nothing but a trick.
The market makers are fishermen right now — tossing bait, waiting for impatient traders to bite.
📌 Rules to Survive
The longer the sideways move, the harsher the breakout.
Rebounds without strong volume = fake moves.
Don’t rush bottom-fishing before US hours, or you risk catching a falling knife halfway down the hill.
🎯 Trading Suggestions
Aggressive: Consider light shorts near 4440, stop loss at 4480 (guard against wicks). Targets: 4300, and if broken, 4200.
Conservative: Stay patient. Watch how Nasdaq opens — BTC and ETH are closely correlated with US equities right now. No signal from Wall Street = no need to rush.
⚠️ Final Reminder
The scariest moment is not when the market drops — it’s when everyone thinks the drop has ended. That’s when the real abyss often begins.
👉 Do you think ETH will hold above 4300 tonight?
Comment 1 if you’re bullish
Comment 2 if you’re bearish
In crypto, there are no gods — only those who can read the signals. Old Zhao’s words aren’t hype; they’re survival skills for the battlefield.
Follow along, and let’s navigate the traps together.
