First, let's hand in this short quiz on the recent ETH market:
✅ Predicted the low point around 4260, actually hit 4225, with an error of 35 dollars.
✅ Predicted a drop of about 7%, actually accumulated a drop of 7.65%.
✅ Predicted a rebound oscillation after the drop, and it is currently moving in this rhythm.
Overall, the drop was approximately 0.65% more than I expected. I believe the main reason is that during this drop, large holders' long positions were triggered for stop-loss/liquidation, coupled with the decline of Bitcoin, which directly pushed the market down a little further.
What can inspire everyone is:
You can change the current K-line to a 15-minute level and notice that the amplitude of each K-line during the oscillation is significantly larger than before, with greater volatility and more active trading volume. Think about it, why would the market makers want to create such a market? What intentions might be behind it?
