Ethereum has strengthened a bit today, feeling like it's not following the big brother anymore, and it has been shrinking in volume these past two days. I wonder if there will be any signs of a pump and dump?

The selling pressure is still quite heavy, after all, the foundation is also selling. When will Bitcoin adjust properly, and when can we consider building a position in Ethereum:

BTC is currently passively bearish, after all, not on the bullish train. Although the entry price isn't bad, it still feels like it's being roasted over fire...

Last night, I was notified to reduce a portion near 1067, glad I didn't get greedy, otherwise, I would have faced a pullback again🤣

Of course, I subjectively hope for a downward retest to 104k for a second confirmation, but that is also based on the premise that Trump isn't just talking nonsense!

I already emphasized the mid-cycle perspective the day before yesterday.

Similar to the wedge consolidation from March to November last year, we are now testing the upper range, definitely a selling zone～

So based on the technical formation, a short-term pullback is reasonable. If you don't act, you'll never find a good deal, but that's not the purpose of shipbuilding.

The view remains unchanged, looking successively at 106k/104k

For reference only