ETH Bloodbath Chronicles: Bulls in Agony, Bears in Celebration!
After Ethereum broke below 4000, it has been on a continuous decline, failing to hold the crucial 4000 USD mark, leading to the complete collapse of the bulls and a celebration for the bears!
Don't dream of an instant reversal; if it could be pulled back straight away, that would be a miracle. What the market fears is not a flash crash, but a slow decline—bleeding out daily, exhausting confidence, this is the true method of killing without blood.
From a technical perspective, the 60-day line has broken, and the trend has already changed flavor. Next, focus on the support around 3600. To stop the decline, a wave of panic selling must occur first, cleaning out all those who need to cut losses.
In simpler terms, this is a thorough sweep. Leverage players can't hold on and get liquidated, retail investors, with their mindset broken, sell at a loss and leave, ultimately allowing the market to shed weight, making it easier for the main players to elevate it.
👉 Friends who are stuck:
Light position, not in a hurry for money? Play dead, don’t check your account every day, wait for a rebound.
High pressure, heavy position? If the market returns to 4000–4100, immediately reduce your position, get some of your losses back first, as life is the most important.
Remember: The market is a psychological war; only those who can endure have the qualification to wait for a breakthrough. Don’t fantasize about getting rich quickly now; focus on holding your chips.
When the cleaning is over, it’s the moment for true profits to take off!
Intraday focus: XPL ZRO STG SNX SPK