When a small-level signal appears, move the stop loss up; exit if it breaks down.
From floating profit to loss, this process is a quarterly torture of human nature.
So when there is a floating profit, move the stop loss up, preserve the principal, keep the profit, and go for it next time. #加密市场回调 $ETH
小麦日记本
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Bullish
🔴|Where is the distribution range for ETH?
There is no doubt that whether from a long-term or a medium-short term perspective, the trend is an upward trend. If you short against the upward trend, it will be even harder to withstand the position; once you hit your stop-loss, you must exit. So when can you short?
At the very least, you need to see the signals given by the market, combined with other indicators such as shrinking trading volume, false breakdowns, MACD bearish divergence, KDJ dead cross, etc.
Currently, the mainstream strategy for ETH is to go long on dips in line with the overall trend. If you don't want to chase the long, you can continue to wait for a pullback to go long, paying attention to the distribution range between 3510 and 3650. 3750 is a key support-resistance exchange level, where multiple false breakdowns and breakthroughs have occurred; keep an eye here if you have long positions.
📍 However, it is important to note that the current ETH 4-hour MACD has also shown a clear bearish divergence, and a potential reversal zone may appear in the head region.
Trade what you see in the candlesticks, not what you speculate. #美国加征关税 $ETH
There is no doubt that whether from a long-term or a medium-short term perspective, the trend is an upward trend. If you short against the upward trend, it will be even harder to withstand the position; once you hit your stop-loss, you must exit. So when can you short?
At the very least, you need to see the signals given by the market, combined with other indicators such as shrinking trading volume, false breakdowns, MACD bearish divergence, KDJ dead cross, etc.
Currently, the mainstream strategy for ETH is to go long on dips in line with the overall trend. If you don't want to chase the long, you can continue to wait for a pullback to go long, paying attention to the distribution range between 3510 and 3650. 3750 is a key support-resistance exchange level, where multiple false breakdowns and breakthroughs have occurred; keep an eye here if you have long positions.
📍 However, it is important to note that the current ETH 4-hour MACD has also shown a clear bearish divergence, and a potential reversal zone may appear in the head region.
Trade what you see in the candlesticks, not what you speculate. #美国加征关税 $ETH
小麦日记本
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Bullish
This wave of the bull market suddenly started when most people did not expect it, and the most critical part is that at that time, whether on the square or Twitter, many people were shouting not to chase the market and to short at highs. As a result, many not only missed this rally but also suffered losses from shorting.
🔻 Why do we say that trading should only be based on what is seen on the market, rather than guessing the trend?
Let me share a typical example from around me recently.
He observed the trends of previous years and found that the market usually weakens in July and August. He thought it was perfect to short now and then buy at the bottom later, waiting for the interest rate cut in September to kick off a major bull market. At the end of June, he saw that the MACD of BTC's daily chart was about to cross the midline (it was about to cross but did not actually go down), which further confirmed his guess that now was a once-in-a-lifetime shorting opportunity. Of course, shorting at that position was not a problem.
The issue came when, after hitting his stop loss, he felt that there was no interest rate cut and no good news, so why would it rise so much for no reason? He was sure that the big players wanted to scare off the bears and then lure in buyers before crashing the market. So he continued to indulge in K-line fantasies and shorted at even higher positions.
In the end, he kept guessing the top and was repeatedly worn down, feeling even more resentful, wanting revenge, and ultimately got liquidated. He came to me lamenting that his originally good relationship also ended, and now he not only had nothing but also owed hundreds of thousands in loans.
This is a very typical case of indulging in K-line fantasies combined with a revenge mentality. Trading should be done one order at a time, rather than following your script.
At the same time, do not let the emotions from the previous trade affect your next trade. If you can't control your hands, I really advise you not to touch contracts, especially when experiencing a painful stop loss, you need to control your hands even more. Use a small position to explore the market and first build up your trading confidence. #美国加征关税 $ETH
This wave of the bull market suddenly started when most people did not expect it, and the most critical part is that at that time, whether on the square or Twitter, many people were shouting not to chase the market and to short at highs. As a result, many not only missed this rally but also suffered losses from shorting.
🔻 Why do we say that trading should only be based on what is seen on the market, rather than guessing the trend?
Let me share a typical example from around me recently.
He observed the trends of previous years and found that the market usually weakens in July and August. He thought it was perfect to short now and then buy at the bottom later, waiting for the interest rate cut in September to kick off a major bull market. At the end of June, he saw that the MACD of BTC's daily chart was about to cross the midline (it was about to cross but did not actually go down), which further confirmed his guess that now was a once-in-a-lifetime shorting opportunity. Of course, shorting at that position was not a problem.
The issue came when, after hitting his stop loss, he felt that there was no interest rate cut and no good news, so why would it rise so much for no reason? He was sure that the big players wanted to scare off the bears and then lure in buyers before crashing the market. So he continued to indulge in K-line fantasies and shorted at even higher positions.
In the end, he kept guessing the top and was repeatedly worn down, feeling even more resentful, wanting revenge, and ultimately got liquidated. He came to me lamenting that his originally good relationship also ended, and now he not only had nothing but also owed hundreds of thousands in loans.
This is a very typical case of indulging in K-line fantasies combined with a revenge mentality. Trading should be done one order at a time, rather than following your script.
At the same time, do not let the emotions from the previous trade affect your next trade. If you can't control your hands, I really advise you not to touch contracts, especially when experiencing a painful stop loss, you need to control your hands even more. Use a small position to explore the market and first build up your trading confidence. #美国加征关税 $ETH
🔴|Priority Strategy Under Fluctuations in ETH Consolidation Area ————————————————————
ETH is currently fluctuating within the consolidation area between 3750 and 3500. Until it breaks out of this consolidation area, our priority strategy remains to sell high and buy low; the closer it gets to the upper boundary resistance of the consolidation area, the more we sell; the closer it gets to the lower boundary support, the more we buy.
ETH is currently testing the resistance level of 3750 for the fourth time.
It is still a good opportunity to short here with a favorable risk-reward ratio; previously, there were two successful short positions here that yielded a profit of one hundred points, with a stop loss of 20 points.
At the same time, there is a strong support at 3650 indicated by the 1-hour Vegas channel, and this position is also a resistance-support swap level. Those who are shorting near 3750 can temporarily target a take profit near 3650, with a stop loss at 3774.
For those who do not want to short against the larger cycle trend, buying can be considered near the lower boundary support at around 3520.
No trades should be made at indecisive levels in between. #以太坊交易量反超比特币 $ETH
🔴|Don't think that just because the bull market keeps rising, you can mindlessly go long and chase the price ————————————————————
Recently, Ethereum has strengthened, finally breaking free from its weakness. In the context of the market index consolidating, it has completed its independent rally.
The best entry point for long positions in the past two days was at the left side support resonance of 2930 on July 15th at noon. After that, besides a breakthrough right-side order at 2980, there haven't been many good entry points for long positions.
🔻 First, why is it that in historical bull markets, even when prices are rising consistently, so many people still get liquidated and lose money?
Let's review the price action of ETH after it broke above 3000 in previous bull markets. Each time it broke through the historical mid-axis resistance line at 2880, ETH would show a rapid breakout and rise. The current situation is no exception, but during this upward movement, there have also been many spikes that cleared out the chasing longs.
For instance, on November 12, 2024, it was also a continuous rise without any pullbacks. However, after a brief breakthrough at 3400, it quickly dropped 400 points to around 3030, and then continued to rise to 4000.
On February 28, 2024, it rose continuously to 3498 and then quickly dipped to 3152, a drop of 346 points.
On March 5, 2024, it also pushed up to 3830 and then dipped to 3205, a drop of 625 points.
And now it's back around 3450. Will you choose to chase the high? Or will you wait for a pullback before entering? #以太坊连续两日领涨 $ETH
Ethereum is at a critical moment, vigorously expanding and restructuring its ecological development efforts, focusing on four key areas: ecosystem acceleration, ecosystem amplification, ecosystem support, and long-term ecosystem smoothness.
As stated in the foundation's recent vision statement, we have two core goals: first, to maximize the number of Ethereum users, whether directly or indirectly, while ensuring that users benefit from the core values of Ethereum; second, to maximize the resilience of Ethereum's technology and social infrastructure.
🔴|Analysis of Why Ethereum Has Increased So Much? ————————————————————
1️⃣ ETF Demand - On July 11, the inflow of spot ETH ETF funds reached $240 million, maintaining inflow for 19 consecutive days.
The inflow of ETF funds and staking momentum recorded $240 million inflow in the spot ETH ETF on July 11, with BlackRock's ETHA fund contributing $163 million.
Robinhood launched ETH and SOL staking services on July 10, lowering the participation threshold for retail investors, while GameSquare also purchased $5 million worth of ETH as a cash reserve.
2️⃣ Technical Breakthrough - ETH broke through the resistance level of $2787, targeting a price range locked between $3200 and $3800.
The MACD indicator showed a bullish golden cross, with the histogram reaching +44.71, indicating strong upward momentum. Key breakout point: ETH broke through the Fibonacci resistance level of $2787 (the 23.6% retracement level of the 2024 high and low).
However, the RSI is at 71.61, close to the overbought zone but not extreme yet, indicating there is still room for upward movement.
3️⃣ Derivatives Squeeze - Against the backdrop of increasing open interest, the short covering amount reached $567 million.
Market Dynamics: Altcoin rotation and macro positive factors. The altcoin season index rose 25% within 7 days, while Bitcoin's market share decreased to 63.8%. The global cryptocurrency market capitalization increased by 4.94% in 24 hours, with ETH outperforming BTC, with an increase of 6.5% and 1.8% respectively.
The increase of ETH is the result of the combined effect of institutional ETF fund inflow, technical breakthroughs, and altcoin rotation, but it faces resistance around $3000. If ETF fund inflows slow down this week, can ETH maintain its upward momentum? Please pay attention to the support level of $2855 to confirm the validity of the trend. #ETH突破3000 #BTC再创新高 $ETH
🔴|What is 'Native' in Web3 Payments? — The Golden Triangle of Stablecoin Strategy. What is Web3's 'Native' Innovation?
———————————————————
"Native" innovation refers to things that did not exist before and could only emerge under new technological paradigms. In the Web3 world, we have been asking: what is truly 'native' to blockchain and crypto technology? Fred Wilson provided a classic framework in a 2009 article: "Native" refers to opportunities that could not exist before and only arise when new platforms emerge. For instance, pushing news to a mobile phone is not called "native" because startups find it hard to do better than CNN in creating a "CNN on mobile."
🔴|Do not chase highs or panic sell; confirm the trend and wait for a pullback to enter ————————————————————
The evening market on July 6 is here, it’s no longer the boring weekend. For those who missed the short position earlier, hold your hands and patiently wait for a pullback; isn't it time to do so now?
ETH has just retraced to a 0.618 level and has touched a previous support-resistance switch position. Isn't it more cost-effective to play against it here than to bet at 2510?
Short at the current price of 2560, with a 30-point stop loss
Yesterday, I repeatedly emphasized the right-side breakdown; if it doesn't reclaim that short position, then short it. Subsequently, BTC gained around 1500 points in profit, while ETH also saw a profit of 70 points.
Last night, BTC experienced a very standard downward trend, so standard that it rebounded upon resonance with the left-side support, without even a false breakdown.
Now it has retraced to 108100, with a very clear support-resistance switch point at the upper level of 108500, which was previously a small support and will clearly become the current resistance.
For those who didn't have short positions earlier, pay attention to the 108500 level. If it can't break above and is suppressed, we can also enter short positions, but we need to be cautious of false breakouts followed by a rebound.
So your stop loss can be set a few hundred points above 108500, using three to four hundred points to continue aiming for a profit of 3500 points down to 105000.
ETH should just follow the same rhythm as BTC, and that's all you need to do. $BTC
Yesterday, I repeatedly emphasized the right-side breakdown; if it doesn't reclaim that short position, then short it. Subsequently, BTC gained around 1500 points in profit, while ETH also saw a profit of 70 points.
Last night, BTC experienced a very standard downward trend, so standard that it rebounded upon resonance with the left-side support, without even a false breakdown.
Now it has retraced to 108100, with a very clear support-resistance switch point at the upper level of 108500, which was previously a small support and will clearly become the current resistance.
For those who didn't have short positions earlier, pay attention to the 108500 level. If it can't break above and is suppressed, we can also enter short positions, but we need to be cautious of false breakouts followed by a rebound.
So your stop loss can be set a few hundred points above 108500, using three to four hundred points to continue aiming for a profit of 3500 points down to 105000.
ETH should just follow the same rhythm as BTC, and that's all you need to do. $BTC
🔴|Today's ETH Market Analysis, Is It Bullish or Bearish? ————————————————————
ETH can also be analyzed from the heat map to identify the chip acquisition areas for early positioning. Why did it suddenly drop after reaching 2635 last night?
This position is where many stop losses or liquidation prices for shorts were set at 2600. The market makers are targeting your stop losses and liquidation prices. The liquidation heat map clearly shows that after hitting 2635, the area above became a vacuum zone, and it has not recovered since.
🔹 If you are trading from the left side, position for a short near the 2660 resistance, and switch to a long at the 2550 support.
🔹 If you are trading from the right side, short after breaking below 2550. If a false breakdown occurs and it quickly reverts back, immediately stop loss. The stop loss space is approximately 20-30 points, and for now, the downward target is 2390. #非农就业数据来袭 $ETH
🔴|Today's ETH Market Analysis, Is It Bullish or Bearish? ————————————————————
ETH can also be analyzed from the heat map to identify the chip acquisition areas for early positioning. Why did it suddenly drop after reaching 2635 last night?
This position is where many stop losses or liquidation prices for shorts were set at 2600. The market makers are targeting your stop losses and liquidation prices. The liquidation heat map clearly shows that after hitting 2635, the area above became a vacuum zone, and it has not recovered since.
🔹 If you are trading from the left side, position for a short near the 2660 resistance, and switch to a long at the 2550 support.
🔹 If you are trading from the right side, short after breaking below 2550. If a false breakdown occurs and it quickly reverts back, immediately stop loss. The stop loss space is approximately 20-30 points, and for now, the downward target is 2390. #非农就业数据来袭 $ETH
🔴|BTC Today's Market Analysis, Defensive Levels on the Left Side? ————————————————————
After the non-farm payroll data was released last night, there was a small 15-minute spike, followed by a sell-off once the negative news was fully priced in, and the U.S. stock market opened with a rise, with Bitcoin once again challenging the resistance level of 110,400.
From the current heat map analysis, it is clear that a chip accumulation zone has formed between 108,400 and 110,600, which means a new consolidation area is being established here.
The best strategy for this market is, of course, to sell high and buy low; the closer you get to 110,600, the more you should short, and the closer you get to 108,400, the more you should go long. As we approach this ceiling level, I am more inclined to position for shorts near 110,600.
This is because there is a lot of potential space for downward moves when shorting, and there is good support above.
Of course, you can also take a right-side approach by chasing longs after breaking above 110,600, but be cautious of false breakouts; if there is a quick pullback and a close below, cut your losses immediately. #BTC重返11万 $BTC
Is ETH not letting you short below 2500 to harm your earnings?
Is it to prevent you from getting liquidated once, after the spike to 2367, climbing all the way up? What are your conditions for shorting?
It jumped directly from 2460, smoothly breaking through 2550, without looking back at the resistance of 2520. What are your conditions for shorting?
Now that it has retraced at 2618, with a right-side false breakout followed by a recovery, isn’t this a good condition to short?
If it can fake a breakdown at 2367 and recover, why can't it fake a breakout at 2618 and then drop?
Additionally, brothers can refer to the ETH trend on March 3rd, which also consolidated around 2400, then quickly surged to 2550 before starting a slow decline; the market always tends to exhibit similar patterns. #美股代币化 $ETH
小麦日记本
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Bearish
🔻Earn money within your understanding
Don't wake up, look at the market, and think how good it would have been to go long last night or how good it would have been to go short last night.
That is not money within your understanding; even if you occasionally make it, you will give it back next time.
For ETH, wait for 2550 to set up a short; in the middle range, hold back and don't think about 2000 if it drops a bit, or 3000 if it rises a bit.
It's good to use risk-reward ratios when placing orders, but don't look at a 5-minute chart to target several hundred points in profit, while leaving less than 10 points for stop loss and setting take profit at several hundred points.
Especially since ETH has large fluctuations, you should ideally short above 2500 for cost-effectiveness; below 2500, you're likely to be ground down in back-and-forth movements.
Sell high, buy low, and don't trade in the middle range. #美国加征关税 $ETH
Don't wake up, look at the market, and think how good it would have been to go long last night or how good it would have been to go short last night.
That is not money within your understanding; even if you occasionally make it, you will give it back next time.
For ETH, wait for 2550 to set up a short; in the middle range, hold back and don't think about 2000 if it drops a bit, or 3000 if it rises a bit.
It's good to use risk-reward ratios when placing orders, but don't look at a 5-minute chart to target several hundred points in profit, while leaving less than 10 points for stop loss and setting take profit at several hundred points.
Especially since ETH has large fluctuations, you should ideally short above 2500 for cost-effectiveness; below 2500, you're likely to be ground down in back-and-forth movements.
Sell high, buy low, and don't trade in the middle range. #美国加征关税 $ETH
What? ETH broke below 2380, hurry and short it, didn't it just break down and then bounce back up?
Fake move, increase short position
What's going on, such a strong bounce, I'm going to get liquidated, help 🆘
Many people are being repeatedly squeezed in the back and forth consolidation zone, unable to understand the trend. But if you turn the whole market upside down and take a look, can't you find that now in the range of 2380-2500, there is a head and shoulders bottom pattern at the hourly level.
🔻What is a head and shoulders bottom?
The head and shoulders bottom is a typical trend reversal pattern, occurring in the final stages of a downtrend, representing a bullish formation. The pattern consists of the left shoulder, bottom, right shoulder, and the neckline. The successful construction of the head and shoulders bottom pattern is marked by an effective breakout of the neckline.
Characteristics of the head and shoulders bottom pattern: Left shoulder: The price rebounds after falling, forming the first low point. Head: The price falls again, forming a lower low than the left shoulder. Right shoulder: The price rebounds and falls again, but does not break below the head's low point. Neckline: A horizontal or sloping line formed by connecting the rebound highs of the left and right shoulders.
Sometimes, if you can't understand the market, just turn the whole market upside down. Doesn't it become clear? The strategy remains to short high. For those brothers who didn't enter short positions near 2500, don't worry. Continue to wait patiently, and when the position is right, go in boldly. #美国加征关税 $ETH
🔴|We need to obtain information from the candlestick chart before making trades instead of focusing on news ————————————————————
Just like the current market, which is steadily recovering upwards, what do you have as a condition for shorting? Is it just your feeling?
Yesterday, BTC broke through for a short, and there was no issue with that, but throughout the day, there wasn't a significant downward volume. Instead, it has now retraced below the break-even stop-loss level, so we shouldn't continue to hold against the position. Take your break-even and walk away, waiting for the next suitable entry point.
Now, BTC has completely broken through and stabilized above the left-side resistance level of 106,000, and it is gradually and slowly recovering upwards, returning to the position before the drop that started on June 20.
The next suitable point for shorting BTC is likely around 108,000-109,000, which aligns with a left-side resonance level. Correspondingly, for ETH, it is around 2,570. Therefore, those without positions should just patiently wait at this time. #加密市场反弹 $BTC $ETH
🔴|Ceasefire? Structural confirmation point retest ————————————————————
Ceasefire with Iran? One moment saying strike, the next saying ceasefire. Israel, Trump, Iran, none of you three are trustworthy; I don't believe a word of it.
The overall trend has already moved out of a bearish phase, and it's hard to reverse in the short term. The current rebound and repair provide an opportunity to set up short positions.
Don’t overly focus on news; today they say ceasefire, then tomorrow another few missiles fly. The ones getting hurt aren’t just Iran, but also your wallet.
It’s worth mentioning that Ethereum just made a slight recovery, and now it's weak again. Remember on the 20th when BTC retraced to 106,000, Ethereum followed and retraced to 2,558, and I was short on both sides.
Now BTC has returned to 106,000, while Ethereum is still at 2,400. It's quite clear which is stronger and which is weaker, right? When to go long and when to go short, I don’t need to say more.
Currently, ETH shorts are ambushed at 2,490. Keep an eye on the resistance level at 2,500. If it can’t break through or makes a false breakout, then shorting it will be the end of it. #以色列伊朗冲突 $ETH
Take profits first, brothers. The bullish repair strength is too weak. #加密市场回调 $ETH
小麦日记本
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🔴|On the morning of June 22, the real market saw this spike, and those on the right side were almost driven away ————————————————————
In just 2 hours, 3 spikes occurred, especially the last 2. ETH dropped from 2241 to 2214 in just 12 minutes, and many who bought the dip on the first spike were stopped out by the last two.
I was also nearly stopped out, just a couple of USD away from my stop-loss; indeed, surviving a great disaster brings future blessings.
The market is currently experiencing significant fluctuations, with ETH jumping easily by four to fifty points. If your entry position isn't particularly ideal, both long and short positions will burn through your bullets here.
For now, we can't determine the pattern; let's observe the subsequent recovery trend #加密市场回调 $ETH
🔴|On the morning of June 22, the real market saw this spike, and those on the right side were almost driven away ————————————————————
In just 2 hours, 3 spikes occurred, especially the last 2. ETH dropped from 2241 to 2214 in just 12 minutes, and many who bought the dip on the first spike were stopped out by the last two.
I was also nearly stopped out, just a couple of USD away from my stop-loss; indeed, surviving a great disaster brings future blessings.
The market is currently experiencing significant fluctuations, with ETH jumping easily by four to fifty points. If your entry position isn't particularly ideal, both long and short positions will burn through your bullets here.
For now, we can't determine the pattern; let's observe the subsequent recovery trend #加密市场回调 $ETH