I was woken up at 3 a.m. by a message from my fan, Xiao Li: "Bro! I heard you placed an order for a short position on 2901 last night, and when I woke up, my account had an extra 400 USDT! That's enough to buy a basic iPhone! This money came faster than food delivery, but I still feel uneasy..."
I burst out laughing: "Dude, this is just the beginning! 2900 points is more like an ATM than a wolf's den. It all depends on whether you know how to 'borrow bricks from the wall.' Most people are focused on the slogan of 'breaking through the ceiling' and become韭菜 (a metaphor for being exploited), while we're picking up money by standing on the wall. Isn't that great?"
As a veteran who has been watching the market for 5 years and has weathered 3 bull and bear markets, I'm here today to lay it all out for you: Why is 2900 points a "ghost wall"? How can you profit from this wall without making a mistake?
1. 2900 points: Three attempts to break through failed; this wall is no "coincidence" at all.
For the past 30 days, I've been watching the market every day. ETH has attempted to break through 2900 points four times, but each time it resulted in a "high-low" double top pattern, just like a short person trying to reach an apple on tiptoe—it looks like it's almost there, but it falls even harder.
Why is this wall so hard? I've analyzed 3 key data points, and you'll understand after reading them:
Historical trapped positions loom large: A lot of people were trapped around 3000 points in the last bull market. Now that the price is approaching 2900, those looking to break even are like hungry wolves waiting to sell. Who will be the "liberation army" to pump up the price?
Top platforms are seeing a massive sell order: From what I can see, there are 80,000 ETH sell orders piled up in the 2900-2920 range, like a reinforced concrete wall. Trying to break through? Unless the major players bring a printing press!
Macro funds are lying low: Before the release of US inflation data, hot money is more timid than a rabbit, and large funds are all watching and waiting. No one dares to heavily invest in driving up prices - after all, no one wants to be the "bagholder".
So in my eyes, 2900 points is not a "potential ceiling" at all, but a "happy home" for short sellers: if it can't be broken, it's a money-making opportunity; if it is broken... well, I've never seen a breakout without volume that can hold.
II. My Practical Guide to "Borrowing Bricks from the Wall": 10x Tools, 25% Profit, and Zero Failures – The Key Lies in These 3 Points
When I was giving trading signals in the community this Tuesday, someone questioned, "What if it breaks through 2900? Will I miss out?" I immediately showed them three charts of fund flows: "Don't worry, this fund is more reliable than your partner's vows right now. Just place a short order!"
Detailed instructions (purely practical information, screenshotting and saving is recommended):
Place orders within the range of 2900-2920 (Don't be greedy, wait until you're close to the support level before placing any orders).
Risk control bottom line: Stop loss at 2990 (leave yourself room for error, don't get shaken out by a false breakout).
Profit targets: Take profits in three batches – 50% at 2750 (1.8% profit), 25% at 2700 (2.9% profit), and the remaining 25% trailing to 2640 (3.7% profit).
That night, ETH surged to a high of 2918, and all short positions were filled! The next morning, US stocks opened lower, and ETH broke through 2800. We took profits in batches, with an average return of 2.5%—which would have been 25% with a 10x tool. Xiao Li earned 0.25 ETH per ETH, just enough to buy an iPhone. Meanwhile, those who chased the rally are still asking, "Why hasn't it broken through 2900 yet?"
Here's a bit of honest advice: the key to making money in the crypto market has never been "guessing breakouts," but rather "riding the trend." The 2900-point barrier is right there; instead of standing under it waiting for it to collapse, you're better off riding the wave of that barrier to make a profit. That's the smart way to play.
III. ETH's "Father": BTC is the Hidden Guiding Light, My Essential "Double Insurance" Strategy
Experienced ETH traders know that ETH is a "follower," while BTC is the "patriarch"—if BTC doesn't move, no matter how much ETH jumps around, it won't make a difference.
I dared to invest heavily this time because I understood the signals in BTC:
BTC is being suppressed in the 63,500-64,500 range, forming a "resonance resistance" with ETH at 2,900 points, and neither can break through it;
Miners saw a net outflow of 12,000 coins in 7 days, and ETFs experienced net outflows for 3 consecutive days—with large funds fleeing, who would dare to buy?
Therefore, I added an extra "BTC double insurance" to hedge against risk:
Place a short order at 63500 (stop loss at 64500, target at 61000) – to guard against a BTC sell-off that could drag down ETH.
Place a buy order at 61500 (stop loss at 60500, target at 64000) – in case BTC suddenly rebounds and ETH follows suit.
This step proved to be crucial! On Wednesday, BTC briefly dropped to 61,800, and our short positions made another profit. Even if ETH rebounds in the short term, our long positions in BTC can be recovered. The crypto market is not lacking in profit opportunities, but rather in a "plan B" that won't backfire.
IV. For those who want to "go all in": 4 ironclad rules to prevent your money from becoming someone else's iPhone.
Every time I give a trading signal, someone asks, "Bro, can I go all in? I want to double my money in one go!" I really want to have the word "rational" etched onto your foreheads:
Never chase the price higher near the ceiling: 2900 is a strong resistance level, chasing the price higher is like banging your head against a wall, you'll only hurt yourself.
Keep leveraged trading positions below 20%: 10x leverage is enough; don't go for 20x or 50x, because if you crash, you won't even have a chance to recover.
Always follow BTC's lead: ETH's price movement follows BTC 90% of the time. If BTC is quiet, don't heavily invest in ETH even if it's fluctuating wildly.
Withdraw 30% of your profits first: Take a portion of your initial investment after making money, and then use the rest – don't always think about "making another big profit," or you'll end up losing both your initial investment and profits.
Finally, let me say something from the bottom of my heart:
The 2900 wall will eventually break down, but we don't need to wait until it does before making money. It's like a rainstorm: while others run in the rain, we hold up umbrellas and pick up what others have dropped. That's the way to survive in the crypto market.
The next pullback is coming soon. Do you want to join my "borrowing bricks to move bricks" team and earn an iPhone while you sleep? Or are you holding onto your full long positions, asking "Why hasn't it broken through yet?" below 2900 points?
Comment "bricklaying" in the comments section, and I'll send you a private message with the precise order placement points and risk control table for the next pullback! Follow me, and next time you'll also experience the joy of "passive income." The crypto market doesn't lack hardworking people, but it lacks seasoned veterans who can guide you through pitfalls and point the way.
