Horizontal consolidation is like dating—if there's no breakthrough, it's just playing around; if there's no breakdown, it's just a false breakup!
The big players are lying flat, retail investors are cutting each other.
Brothers, today’s ETH trend, the 5-minute candlestick looks like it’s glued between 2009-2015 with 502 glue, and the amplitude of 0.29% makes it hard even to buy a bag of spicy strips. MA7 (2009.56) and MA30 (2003) are twisted together like a twist, the main force is just messing around, even saving on the electricity for drawing lines. The trading volume is so miserable it looks like a squeezed lemon—shrinking to a QR code level of short pillars, the big players are too lazy to control the market, relying solely on retail investors cutting each other to earn fees.
Yesterday, a brother opened a long position at 2030, but ETH wilted at 2015, and he was forced to stop loss. This market is like boiling a frog in warm water; you think you can boil out broth, but in the end, you become someone else's appetizer.
Today, the biggest drama in the crypto world revolves around Trump’s speech and BTC pushing towards 90,000. Although Trump said he would loosen crypto policies, and the SEC withdrew the lawsuit against Kraken, ETH, the second in command, didn’t even get a sip of soup—its funds were completely drained by BTC, like a grocery boy squeezed into a corner during a supermarket sale.
BTC wants to break through 90,000: if BTC keeps pushing, ETH might follow the trend to touch the 2030 resistance level.
Trump speaks harshly: if he shouts support for XRP/SOL to enter treasury bonds, altcoins might collectively resurrect, but this old antique ETH probably still can’t outrun the newcomers.
Short-term gamblers:
Open short positions near 2015, set a long position at 2003, stop loss at 20, make some pocket money and then leave; this market is like picking up cigarette butts, take a couple of puffs and you’ll have to throw it away—don’t expect to get a cigar flavor from it.
Don’t let your position exceed 30%! ETH is like a firecracker in a pressure cooker; the longer it consolidates, the harder it will explode. Leverage traders especially be careful—big players specifically hunt down those who think they can predict the market.
Consolidation will eventually break, and big players will eventually move—but do you want to be the harvested chives, or the lurking hunter? Like and follow to stand firm in the market and seize this opportunity!
