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Brothers, two hours ago, Hongzhi just mentioned that the news is unfavorable, and then it quickly dropped. However, it seems like we've only been making short trades today. This is enjoyable, haha, we have already made profits exceeding 50 points, right?
The upcoming trend for Ethereum still looks bearish, and we cannot ignore the news. As for the support levels, we can pay attention to 2410 and the daily support at 2311. As for going long, we can wait for the news to fade first; let's fully enjoy the short trades before considering that. 🤣🤣🤣
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What hidden message did you hear from this news? Is it 'unless tariffs'? What does this indicate?
This indicates that long and short positions cannot coexist simultaneously, and it also suggests that due to tariffs, there is a high probability that interest rates will not be cut. This further implies that the presence of tariffs allows for continued short positions, because of this 'unless tariffs' ah.
ps: Tariffs are bearish Rate cuts are bullish
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Brothers, what do you say? How much joy and how much sorrow in this wave of decline? But just an hour ago, Hongzhi mentioned that the second pancake (Ethereum) will still follow the trend of the first pancake (Bitcoin), have you made a profit in this wave?
As for the upcoming trend, with Bitcoin likely still bearish, the next profit-taking points can be strategized, putting the power in your own hands. You can also pay attention to the support levels of 2530 and 2488 to choose your profit-taking points.
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Many brothers say that Bitcoin has fallen, will Ethereum follow? Hongzhi's answer is yes, because Bitcoin is always the boss.
Now, can anyone still refute that Hongzhi has been recommending to pay attention to Bitcoin's trend and has always suggested shorting Ethereum? I think not recommending it anymore, right? Because Hongzhi genuinely wants you to make money, as the money you make is not mine, right?
As for the next steps, you can pay attention to the support levels at 2530 and 2490 for Ethereum, and then watch Bitcoin's trend to see if it can make a rebound to gain some small profits.
Many people ask me how to trade Ethereum now? Now I will tell everyone directly how to trade Ethereum.
From the market perspective, Ethereum is currently fluctuating within the range of 2.4 to 2.7, which is a key point.
Secondly, Bitcoin has been oscillating at a high level, and the next step for Bitcoin is inevitably a decline, and Ethereum is likely to follow.
As for Ethereum trying to break new highs, it is likely just to lure in more buyers, with no other intention.
So currently, one can choose to short in the range of 2.4 to 2.7, while on the long-term side, one can take advantage of Bitcoin's decline to short Ethereum.
From the market and news, it seems that Ethereum is heading on a positive path next? Although it is not particularly obvious at the moment, I hope the brothers pay attention to the details!!!
When your brother tells you to go up, you don't go up. When he doesn't let you go up, you mess around. How can you make money?
Zuo Hongzhi has already told you that this is a bait for more buying. How can it be a good thing if the Americans don't lower interest rates? Moreover, internal chaos and external wars come in sets, so how can you be optimistic?
However, brothers who listen to advice and eat well should be making profits, right? Next, for Ethereum's profit-taking target, look towards the lower ranges of 2530 and 2480.
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Brothers are now most concerned about whether it will rise again, right? 😏😏😏
Actually, a lot of information can be seen from the market. From the 15-minute chart, Ethereum seems to be rising, but doesn’t the overall speed trend feel a bit like it’s trying to lure in buyers?
At this time, are you watching Bitcoin still hovering around 10.6? Is there a possibility of recent interest rate cuts being beneficial? Not likely, so I believe everyone knows that following Bitcoin, there will be a wave of bearish trends, right?
Brothers, the empty moments and opportunities are coming again, Are the brothers still hesitating?
Currently, Ethereum is about to reach a three-point peak, the overall trend and news are both here, brothers, don't miss the opportunity, just short it, remember, the bigger the waves, the more expensive the fish.
Brothers, after the afternoon discussion on resistance levels, everyone should no longer be confused about the resistance levels, right? At the same time, the brothers who went short must be in profit, right? So can the trend go against us?
Next, under the continued pressure of resistance above, we still look bearish on Ethereum, aiming towards around 2.4!!!
At this moment, are the brothers all prepared or thinking about bottom fishing? Everyone needs to hold back; the bearish trend is still ongoing, and one should not blindly bottom fish.
With various news and signals flying around, the situation within the Americans is also a complete mess, so what can we use to catch up?
The bearish outlook for Ethereum remains the same; the weekend fluctuations are not large, but it is necessary to identify where the resistance levels are, and then ambush into shorts.
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In the seemingly rising trend, should we really follow the ideas of the market makers to go long? To speculate? Brothers can think about what going long would bring.
So at this moment for the fluctuating Ethereum, and with a resistance level of 2595 above suppressing it, the current suggestion for Ethereum is to continue to look for short positions at highs, aiming for the support level of 2.4 below.
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Brothers, those who listen to advice eat well, and those who listen to Hongzhi say to be patient are probably all in profit now, right? The Americans have this kind of routine; they only hold events when we are in trouble.
Brothers, let’s be honest, if you want to be bullish right now, how do you think that will turn out? Of course, being bearish is not just about blindly thinking that way; for example, seeing resistance and being bearish today is quite satisfying, right? Next, the target continues to look around 2.4.
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Clearly, the ambush is well set up 🤔🤔🤔 But what if we happen to encounter a weekend with no fluctuations? 😪😪😪
At this point, it really tests our patience and determination. Often, most friends choose to take profits and then re-enter. Hongzhi suggests that the best approach now is to choose to wait!!!
In the current trend, which is basically set, what really tests us is our mindset, brothers. For Ethereum, we can expect to see around 2.4. Stay calm and composed 👌🏻👌🏻👌🏻
Brothers, we won't say anything about shorting and eating meat, but we can't help but be envious of their pending positions. What if it goes up? 😏😏😏
The market changes in an instant, and the highs are not always waiting for you. Just two hours ago, I suggested going short, and now it should be in profit, right? Still the same old story, we won't talk about the news. Just focusing on the resistance, if you don't short, you won't have any meat to eat!!!
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Brothers, recently those shorting have been making profits all the way down, right? But what should we do today during the weekend when the market is sluggish?
Now let's not talk about news or tax increases, let's just focus on the market. From the market perspective, Ethereum attempted a slight double top over the weekend but failed to break through, which indicates that there is strong resistance above. So what should we do under this resistance? I believe the brothers are all clear on this, right?
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Has everyone understood the trend that Ethereum has taken from yesterday afternoon until now? It has been a trend of hovering and oscillating, then slightly moving upwards, right?
But this kind of trend is often attractive, tempting you to go long, and then it crashes. Everyone hasn't forgotten the crash at 2.8, right? If you recall the script, isn't it strangely similar?
So at this moment, we need to recognize the major trend and the current news background before proceeding. Of course, the current suggestion from Hongzhi is to look for short opportunities at highs, with resistance levels to watch above at 2603 and 2641.
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Brothers, the current trend that Hongzhi does not accept objections, the rebound continues to short. The news just shared with everyone, have you all felt it? The day before yesterday, those who shorted with Hongzhi, the speed of withdrawal this time is still good, right?
Currently, there is not much to say about the trend; simply put, it’s a temptation, inducing buying. So at this moment, we need to catch the high points to go short. With Trump behind pushing and nagging, what is there to be afraid of? Don't forget, the bigger the storm, the more expensive the fish.
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