黄色土方块

Get ready for altcoins, the prices generally haven't changed much compared to before Ethereum's rise to $ETH . Ethereum has gone up, consolidating at a high level, and the current support level is holding for now. Funds have shifted from Bitcoin to Ethereum, and now that funds are free again, where can they go? They can't possibly go to the A-shares, right? The volatility is quite high, and the overall market is fluctuating significantly. It's not advisable to open high leverage, try to keep it below 5 times if possible. Diversify your positions and focus mainly on mainstream altcoins, which are the ones on the trending list. You can consider meme coins as an entry point; if you like them, just buy them, treat it like buying a lottery ticket $ETH

If the amplitude of Ethereum is like this, then I should panic $ETH

If you want to be safe, wait for operations around 4150. If you can't wait for 4150, then wait for a breakthrough and stay above 4350. There will always be opportunities; if you don't wait, you won't be able to make any trades.

Don't panic, it hasn't fallen out of bloom, 4150 hasn't broken, as long as that holds, his bullish trend won't be interrupted. If it pulls back and doesn't break 4150, then it's definitely a bullish view. Ethereum hasn't reached its peak. The altcoins can't access the resources, they can go up or down. In comparison, the bulls have the advantage $ETH . The altcoin market has been dragging on for several days; it's not that they don't issue, but what's issued is meaningless. The entry point I provided doesn't seem good for me to trigger, and if I release it, it would also be a failure, meaningless. Let's wait; when there’s a suitable position, I will post.

Although Ethereum has dropped a lot, it is not very painful and hasn't reached a critical position. This position is still in a range where it can go up or down. If the technicals are not good, then don't go short at $ETH . Pay attention to 4150; breaking that position would indicate a bearish dominance.

Quit the circle, live well

The U.S. PPI (Producer Price Index) measures the changes in prices that domestic producers receive for their goods and services, reflecting cost changes in the production process.
In simple terms, a higher index means lower profits and higher costs, which is negative for company stocks. This situation doesn't seem to be as impactful as previously thought; this time appears to be one of the largest deviations in years, with a deviation of 0.8. Unfortunately, the short position at $ETH wasn't reached, resulting in a wide fluctuation. Let's wait and see.

Can Ethereum reach a new high?
In this round of the bull market, the first and second cryptocurrencies may not reach new highs, but can we operate at this level of 4860? Actually, we can. There are a lot of orders placed at 4860; it definitely won't break through strongly. The question is whether it will slowly break through to a new high targeting 5k, or if this final push can be capitalized on. The plan is to set a stop loss of 100 points, but a 100-point stop loss is like falling at the feet of 5k. It’s better to add 100 points for the stop loss, making it a 200-point stop loss, with a take profit at 4100. $ETH #以太坊创历史新高倒计时
Finally, let's discuss the pros and cons.

Advantages of opening a position here: before a new high, strong resistance level, many short orders placed, and a good risk-reward ratio.
Disadvantages: shorting in a bull market, which is still favorable recently, with significant buying pressure.

Each should weigh their options.

People are foolish. In a bull market, they issued mainstream short positions $ETH . Shorting in a bull market and going long in a bear market, regretting the past. Looking back, several short attempts this round have failed. I might as well go back to being a stubborn bull. The imitation can still get a warm meal.

As it stands, platform tokens are making moves, one has taken the lead, and generally, platforms will tend to follow to a certain extent. It might be appropriate to acquire some other platform tokens, $BNB , GT, BGB, but for platform tokens, BNB can be considered as a regular investment target. Additionally, the altcoin collection hasn't been organized yet; let's release it tomorrow. The main focus will be on altcoins that are worth paying attention to but haven't seen much appreciation yet.

I have reached a point of self-doubt, thinking it was just talk when I saw 5k, but they really achieved 5k, right?#ETH突破4600 $ETH

Where is this going to rise? I see others saying to buy at 5000, really going to buy at 5000? After Bitcoin rises, the altcoins rise, it's powerful $ETH , soon there will be no reference for the rise.

Wif has had some activities recently, $WIF , this price is not low, but it depends on the individual. Generally speaking, activities have repurchases, but I haven't noticed whether there are any destructions. It's a small positive, and the market situation is neither good nor bad. You can speculate based on news.

Currently, overall it still looks weak and powerless, still bearish on Ethereum. Bitcoin has already shown a downward trend, and then some focus has shifted towards Ethereum. Now, when Ethereum also shows a downward trend, will the focus shift back to altcoins? Currently, Ethereum's short positions are in a state of resistance. $ETH needs to drop below 4150 to catch a breather. Get ready to invest in some mainstream altcoins. Tomorrow, I will provide a unified analysis for mainstream coins that haven't risen yet to整理整理$XRP $SOL .

August 9th Ethereum Short

Ethereum $ETH has currently failed to test the resistance level three times, and this is now the fourth attempt. This is also why Ethereum has only seen 4000 previously; there was no basis for the claims of a new high reaching 5000. The 4000 level has temporarily reached expectations, and those who entered positions earlier and do not want to go through consolidation can exit now. At this moment, those without long positions or spot holdings can consider trying Ethereum shorts at 4020/4050/4100, without considering stop-loss, with a small position interval that allows for equal positioning.

Analysis as above

$1000 looks at $4000, $2000 looks at $4000, finally $4000 is $ETH

High-level positive news, beware of small pullbacks
Currently, it seems that altcoins are generally still not strong enough, with a few exceptions. Overall, whether in altcoins or mainstream, no short positions should be held for the long term. One can take short positions for the short term and day trades, while mid to long-term positions should still be long. I will take a look at the new coins that have been released recently and provide an analysis tomorrow if I have time. I wonder if my followers still hold the long position with an average price of 100,000 $BTC .

#BTC突破12万大关 Regarding this wave, will it directly surge to 13, completing a top consolidation, causing funds to flow to altcoins? After breaking through the new high, most of the previous references are lost, so it can only be said to be an assessment and prediction. The probability of a direct surge is low. Those holding spot can just hold on, and it is also possible to reverse the push down with 13.6k as the top. Currently, breaking through 12k actually means stabilizing at the 0.618 position, with not much operation needed. 12k needs to be observed. Altcoins have quite a bit of fluctuation, some bottoms have doubled, but the actual market cap has shrunk to less than half of what it was before. In summary, add positions on pullbacks; altcoins have not seen significant gains $BTC .

Although I haven't updated, it doesn't mean I haven't been monitoring the market. If I really can't post, just hold on to it. My average price is still 10. The imitation has also risen. If there are any updates, I will post. If not, let me just keep bumping my posts; I don't have time for that $BTC . The last update I made a while ago was also a call to buy $BTC . Just hold on; when it hasn't reached 13, keep holding. I mentioned the cooking plan a couple of months ago.

Holding a short position is an irrational behavior; although there may be a significant drop, given the current situation, the more it drops, the more one should buy $BTC , especially when the mainstream is leading the rise. Many altcoins might catch up, which goes against the overall market trend. This statement has no theoretical basis and is purely based on feeling and experience.