Non-farm night is filled with tension, ETH can't move down? Don't be naive, funds are dumping!
Tonight's non-farm data will be decisive!
ETH rebounded weakly during the day, with a noticeable decrease in volume at high levels, indicating that funds are withdrawing. The current trend seems stable, but it could break down at any time. If tonight's non-farm data exceeds expectations, the market will be completely out of control, and continued bloodletting next week is very likely!
If it loses 3600, the short-term rebound space will be compressed.
The 4-hour moving average shows a bearish arrangement, and the MACD death cross continues.
Key support is in the 3200-3300 range; if it breaks down, a long bearish candle cannot be ruled out.
As for altcoins, there's no need to fantasize; the current market can be summed up in one phrase:
Rising three points feels like a stroll, but when it falls, it's a bloody cut!
If ETH can't rally tonight, prepare to be bearish next week, be cautious in bottom fishing, and manage your risk well!
$ETH Ether has indeed fallen below the 3600 mark, and the market is now truly beginning to pull back. For the past few days, it has been moving sideways at a high level, with both bulls and bears exhausting themselves; now that it has officially broken down, the bears are starting to gain momentum.
From the market perspective, 3600 is a key support level. Once it breaks, it will be quite difficult to see a decent rebound in the short term. The more substantial support is around 3200, which is where the main players built their positions and initiated strong rebounds in the past.
On the technical side, the daily MACD death cross continues to widen, and trading volume is increasing, indicating that capital is retreating and many are starting to take profits. The short-term moving averages are pressuring the price, and the trend is leaning bearish; don't easily try to catch the bottom.
A more prudent approach is to wait and see the support situation around 3200 before deciding on the next steps. Impulsiveness is the devil; control your position well and don't get shaken out. Real opportunities often emerge slowly when everyone is most fearful.
交易员-羽少
--
Don't rush to bottom-fish! Ethereum may still decline!
The price is currently fluctuating around 3664, and the overall trend is downward. The increasing trading volume indicates that the market is offloading, and the selling pressure is evident. Yesterday (August 1), there was a large bearish candle that completely swallowed the rebound from the day before, indicating a weak trend.
Around 3610 is a key support level, and the current price is hovering near this level. If it breaks below, it may directly drop further. The next target may be 3600 or even lower. There is a chance for a rebound, but there is significant resistance between 3700 and 3800, making the likelihood of breaking through low.
So at this position, if you are still in the market, it is recommended to reduce positions on rallies and not hold on stubbornly.
If you haven't entered yet, don't rush to go long. Wait for it to stabilize at a lower price or for a strong bullish candle with high volume before considering a small position for testing. Focus on short-term trading and avoid getting too attached to a position.
The downtrend is not over, prioritize defense, and don't easily go long. Focus on observation or light short positions.
Don't rush to bottom-fish! Ethereum may still decline!
The price is currently fluctuating around 3664, and the overall trend is downward. The increasing trading volume indicates that the market is offloading, and the selling pressure is evident. Yesterday (August 1), there was a large bearish candle that completely swallowed the rebound from the day before, indicating a weak trend.
Around 3610 is a key support level, and the current price is hovering near this level. If it breaks below, it may directly drop further. The next target may be 3600 or even lower. There is a chance for a rebound, but there is significant resistance between 3700 and 3800, making the likelihood of breaking through low.
So at this position, if you are still in the market, it is recommended to reduce positions on rallies and not hold on stubbornly.
If you haven't entered yet, don't rush to go long. Wait for it to stabilize at a lower price or for a strong bullish candle with high volume before considering a small position for testing. Focus on short-term trading and avoid getting too attached to a position.
The downtrend is not over, prioritize defense, and don't easily go long. Focus on observation or light short positions.
To be honest, the recent market trend is a bit precarious. Ethereum has been stuck at a high level these days, unable to break through the significant barrier of 4000, clearly showing weakness in its upward momentum, and the trend is starting to weaken.
From the candlestick chart, the daily level has shown multiple small upward candles in a sideways pattern, with trading volume continuously decreasing, a typical signal of ‘stagnation’. Last night, it dropped again to the position of 3613, just hitting the midpoint of the earlier 4-hour level's fluctuations. In the short term, it hasn't broken through the key support, but once it does, we may need to look for stronger support below.
A short-term pullback to 3200 is quite reasonable; if the sentiment completely weakens, we cannot rule out a direct drop to 2800. The MACD on the daily chart is still in a death cross state, and the RSI has also turned down from the overbought area, with increasingly evident bearish signals in the technical analysis.
Yesterday, I was adding long positions in batches at the 3750-3700 levels
I placed my stop loss below 3670 to prevent getting stopped out by a spike, and sure enough, last night there was indeed a spike of around 40 points
The target is set at 3850-3900, and if it holds above 3900, there will be a chance to touch the previous high of 3940+
As for this wave, when I woke up in the morning, I was already in profit of over 130 points
Now I can take profits at the first target, securing the gains
How to view the next wave
The market is still bullish, and the upward oscillation rhythm hasn't changed.
A pullback is an opportunity; the key is to hold on and not get shaken out by short-term fluctuations. I continue to be optimistic about a push towards 3900-3950. Short-term position control, medium-term holding.
交易员-羽少
--
ETH Trend Update | Short-term Volatility, Still Bullish in the Medium-term
Recently, the Ethereum trend has entered a volatile range, appearing somewhat repetitive in the short term, but the overall structure hasn’t deteriorated. I still tend to remain bullish.
Looking at the 4-hour K-line, after the last surge to around 3874 and subsequent pullback, it indicates that there is some selling pressure above 3800. However, the current price remains stable above EMA30 (3777). Although the short-term volume is not strong, the pattern remains intact. The 1-hour level has also formed a small double bottom structure, with the bottom around 3716-3739, and whether it can break through 3816 upwards is crucial.
The MACD short-term death cross indeed leans bearish, but the daily MACD is still above the zero line, indicating that the overall direction remains strong.
RSI is not overbought, suggesting there is still upward space available.
Although EMA7 has flattened, the overall trend line is still moving upwards, with key support at EMA120 (3468) far from being broken.
In terms of volume, the recent trading volume has generally reduced, and the market is somewhat cautious. However, I interpret this as the main force not wanting to push too fast all at once, controlling the pace steadily. As long as the price does not break the key support level of 3700, I won’t panic.
My own operation is:
Buy in batches on dips at 3750/3700
Targeting 3850-3900, stabilizing at 3900 would provide an opportunity to reach the previous high of 3940+
Set a stop loss at 3670; if broken, I will exit
I have not changed my overall direction; I continue to be bullish. The volatility is just a process, and the pullback provides an opportunity to enter, so don't get shaken out by short-term movements.
The market continues to look bullish in the medium term
I just made over 100 points on Ethereum again
Just like picking it up
How many people followed the rhythm yesterday?
The same layout, the same entry points
Will you miss it again next time?
交易员-羽少
--
ETH Trend Update | Short-term Volatility, Still Bullish in the Medium-term
Recently, the Ethereum trend has entered a volatile range, appearing somewhat repetitive in the short term, but the overall structure hasn’t deteriorated. I still tend to remain bullish.
Looking at the 4-hour K-line, after the last surge to around 3874 and subsequent pullback, it indicates that there is some selling pressure above 3800. However, the current price remains stable above EMA30 (3777). Although the short-term volume is not strong, the pattern remains intact. The 1-hour level has also formed a small double bottom structure, with the bottom around 3716-3739, and whether it can break through 3816 upwards is crucial.
The MACD short-term death cross indeed leans bearish, but the daily MACD is still above the zero line, indicating that the overall direction remains strong.
RSI is not overbought, suggesting there is still upward space available.
Although EMA7 has flattened, the overall trend line is still moving upwards, with key support at EMA120 (3468) far from being broken.
In terms of volume, the recent trading volume has generally reduced, and the market is somewhat cautious. However, I interpret this as the main force not wanting to push too fast all at once, controlling the pace steadily. As long as the price does not break the key support level of 3700, I won’t panic.
My own operation is:
Buy in batches on dips at 3750/3700
Targeting 3850-3900, stabilizing at 3900 would provide an opportunity to reach the previous high of 3940+
Set a stop loss at 3670; if broken, I will exit
I have not changed my overall direction; I continue to be bullish. The volatility is just a process, and the pullback provides an opportunity to enter, so don't get shaken out by short-term movements.
Currently, the ADA price is around 0.77, and the overall trend is quite stable, with no major fluctuations, making it suitable for a steady medium-term layout.
There are no issues on the fundamental side, and the developer ecosystem is slowly warming up, unlike some altcoins that are hardly maintained. The previous high was around 1.5, indicating significant upside potential.
In simple terms, the current position is a consolidation zone. If the overall market warms up later, established projects like ADA will definitely follow suit. There's no rush; just hold on slowly.
The super macro week is here, brothers stay alert!
This week, a wave of significant news is rolling in: PCE, unemployment rate, major non-farm payrolls, and US stock earnings reports are all on the agenda. On Thursday, there’s also the White House's digital assets report, culminating in the Federal Reserve's monetary policy meeting and Powell's speech—scheduled for 2 AM Thursday!
This meeting is definitely crucial; a single sentence can send the market soaring or lead to a crash. The market is now waiting for Powell to signal whether he leans hawkish or dovish; it all depends on his tone!
Additionally, the Ethereum Foundation quietly sold off some ETH the day before yesterday, just in time for the 10th anniversary conference of Ethereum. This timing is quite interesting—bullish news is weakening ahead of the event; could it be that the bearish sentiment has run its course? Or is someone making an early exit?
Now BTC has been consolidating at a high level for too long; the market is waiting for direction—either it will break through to make a third wave or reverse for a deep correction to welcome a fourth wave. This week's macro events are packed to the brim, and the market could ignite at any moment or step on a landmine.
In the next few days, keep a close eye on the timing and the market; you must have foresight and preparation. Don’t let the market catch you sleeping when it arrives!
$SOL Since SOL surged during that rebound, it has now pulled back to around 180. The trend is showing some signs of weakening, but there's no need to panic.
This kind of pullback is normal; after all, it rose too quickly before, so it's reasonable to digest some floating capital in the short term. The key now is to hold on and not be easily thrown off the train.
As long as the market doesn't have any surprises, SOL still has a chance to make another move. Stay calm, hold well at the low, don't fidget, and opportunities will naturally come.
ETH Trend Update | Short-term Volatility, Still Bullish in the Medium-term
Recently, the Ethereum trend has entered a volatile range, appearing somewhat repetitive in the short term, but the overall structure hasn’t deteriorated. I still tend to remain bullish.
Looking at the 4-hour K-line, after the last surge to around 3874 and subsequent pullback, it indicates that there is some selling pressure above 3800. However, the current price remains stable above EMA30 (3777). Although the short-term volume is not strong, the pattern remains intact. The 1-hour level has also formed a small double bottom structure, with the bottom around 3716-3739, and whether it can break through 3816 upwards is crucial.
The MACD short-term death cross indeed leans bearish, but the daily MACD is still above the zero line, indicating that the overall direction remains strong.
RSI is not overbought, suggesting there is still upward space available.
Although EMA7 has flattened, the overall trend line is still moving upwards, with key support at EMA120 (3468) far from being broken.
In terms of volume, the recent trading volume has generally reduced, and the market is somewhat cautious. However, I interpret this as the main force not wanting to push too fast all at once, controlling the pace steadily. As long as the price does not break the key support level of 3700, I won’t panic.
My own operation is:
Buy in batches on dips at 3750/3700
Targeting 3850-3900, stabilizing at 3900 would provide an opportunity to reach the previous high of 3940+
Set a stop loss at 3670; if broken, I will exit
I have not changed my overall direction; I continue to be bullish. The volatility is just a process, and the pullback provides an opportunity to enter, so don't get shaken out by short-term movements.
Brothers, the financial market is about to explode this week! Three major shocks are converging, directly pushing the global capital market to the brink!
First Shock: Trump's $2 trillion tariffs are about to drop! Global tax increases, supply chain chaos, soaring corporate costs, skyrocketing prices, GDP shaking! Don't even mention emerging markets; even Europe and the U.S. can't hold on!
Second Shock: The Federal Reserve is meeting this week, and Powell is going to speak again! Although a rate cut isn't guaranteed, just one statement can send the market on a roller coaster. Trump is blasting online every day, pressuring Powell to "either cut rates or step down." The Fed's statements are highly sensitive; if the tone is even slightly soft, the market could either crash or take off!
Third Shock: The tech giants collectively reveal their report cards! Apple, Microsoft, Amazon, and Meta, these trillion-dollar giants, are releasing their Q3 financial reports. As long as the AI business doesn't meet expectations, a hundred billion in market value could evaporate in an instant!
In short, this week is a life-and-death situation for the capital market. With three shocks hitting, volatility is off the charts!
For the crypto world, don't just watch the excitement of the U.S. stock market. If the U.S. stock market truly crashes, the script of Bitcoin as "digital gold" might just begin!
Don't panic; the peak of volatility is where the most opportunities lie.
Previously, it was stagnating at a low level for several days, and suddenly it surged up like it was injected with adrenaline, with a large bullish candlestick pulling it up directly.
The market is like this; one moment it’s lifeless, and the next moment it starts to move unexpectedly. Many people are still hesitating while the market has already taken off.
However, while the surge is strong, one should still be cautious about chasing the price.
If this rally lacks volume support, it can easily fall back from a high position. Whether to chase or not depends on whether subsequent funds will follow.
A more stable approach: don’t rush to chase; wait for a pullback to key support before getting in, which is both safe and allows for holding on.
Don’t forget, making money has never been about impulse, but about rhythm and execution.