#交易策略误区 plummeted 132 points! Did you catch this wave?
This morning, ETH suddenly plummeted from 3080 to 2950, and retail investors were quite scared.
Don't panic, this drop is mainly caused by Trump's tariff bomb; he threatened to impose a 100% tariff on Russia if negotiations between Russia and Ukraine do not conclude within 50 days. The U.S. also imposed sanctions on countries buying Russian oil, and a global trade war is on the brink, spreading panic in the market. ETH, as a highly volatile asset, was directly treated as an ATM during this sell-off. The big players took the opportunity to wash the market with news while retail investors were cutting losses; they might be secretly picking up chips.
From a technical perspective, the one-hour candlestick clearly shows a sharp drop: a large bearish candlestick broke through the key support level at the high near 3080. All technical indicators point to bearish, with strong support at 2940, and further down is the hell mode at 2900. During the plummet, trading volume increased, but the rebound lacked volume, indicating that panic selling has occurred, while those looking to buy the dip are still watching.
In the short term, the big players may oscillate around 2950 to force retail investors to cut losses. If they hold 2940, there might be a rebound to 2980-2990; if it breaks below 2900, stop-loss and run.
In the medium term, it depends on whether the trade war eases. If it eases, along with the upgraded expectations for Cancun and inflows from ETFs, ETH is still bullish in the long run. The tariff black swan will eventually pass; the underlying logic of ETH hasn't changed. The big players are most afraid of retail investors not cutting losses. Stay steady, don't panic!
