#数字资产市场动态 Attention everyone! Don't be fooled by this rebound in $ETH. I reviewed the recent trend again, and the performance of KDJ and RSI is quite obvious—today is just a weak consolidation pattern, not a main upward wave.
By analyzing the indicator details, it's clear. KDJ's golden cross repeatedly fails, each rally gets hammered down, which is a typical trap to lure buyers and shake out weak hands. RSI remains below 55; if the market were strong, RSI would have already broken above 60. At this position, it's only a rebound, not a trend.
A simple overview of the market structure: the range between 2930 and 2980 has been sideways for so long, every attempt to push above 3000 gets immediately rejected. The highs are moving lower, and volume is not keeping up. This aligns with the rule that prolonged sideways movement tends to break downward; the longer it lasts, the more dangerous it becomes.
My real trading approach:
The method is very simple: only trade rebounds, don’t chase the highs. Focus on the 3000 to 3050 range, which is a key defensive zone. Find short opportunities here and act.
Set stop-loss at 3060; if broken, accept the loss. Target levels are 2920 or even 2880.
Avoid these things: don’t chase longs at high levels, don’t hold onto positions waiting for miracles, and don’t get overly excited just because of a single bullish candle.
Speaking frankly:
Today’s market isn’t for doubling your money; it’s testing your patience and clearing out impulsiveness. Those who can operate will profit from the price difference, those who can’t will become market nutrients.
My stance is very clear: ETH bulls have no advantage today.
Those who understand should control their positions well; for those who can’t see through the market, it’s better to stay calm and wait—sometimes doing nothing is the biggest gain.
Once the key support level is broken, I will continue to follow up with updates and analysis. Friends in need, stay tuned!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
RektButStillHere
· 5h ago
Here comes the pump and dump again, it just annoys me.
View OriginalReply0
OnChain_Detective
· 5h ago
hold up, pattern analysis suggests this is textbook pump setup disguised as technical breakdown...
Reply0
LuckyHashValue
· 5h ago
Here we go again with the manipulation and shakeout tactics, what's the point?
View OriginalReply0
GasGuzzler
· 5h ago
It's the same story again, every time claiming "trap and shake out" and then suddenly hitting the daily limit on the rebound. You analysts are really something.
View OriginalReply0
MidsommarWallet
· 5h ago
Here comes the old trick of trapping and shaking out traders again.
#数字资产市场动态 Attention everyone! Don't be fooled by this rebound in $ETH. I reviewed the recent trend again, and the performance of KDJ and RSI is quite obvious—today is just a weak consolidation pattern, not a main upward wave.
By analyzing the indicator details, it's clear. KDJ's golden cross repeatedly fails, each rally gets hammered down, which is a typical trap to lure buyers and shake out weak hands. RSI remains below 55; if the market were strong, RSI would have already broken above 60. At this position, it's only a rebound, not a trend.
A simple overview of the market structure: the range between 2930 and 2980 has been sideways for so long, every attempt to push above 3000 gets immediately rejected. The highs are moving lower, and volume is not keeping up. This aligns with the rule that prolonged sideways movement tends to break downward; the longer it lasts, the more dangerous it becomes.
My real trading approach:
The method is very simple: only trade rebounds, don’t chase the highs.
Focus on the 3000 to 3050 range, which is a key defensive zone. Find short opportunities here and act.
Set stop-loss at 3060; if broken, accept the loss. Target levels are 2920 or even 2880.
Avoid these things: don’t chase longs at high levels, don’t hold onto positions waiting for miracles, and don’t get overly excited just because of a single bullish candle.
Speaking frankly:
Today’s market isn’t for doubling your money; it’s testing your patience and clearing out impulsiveness. Those who can operate will profit from the price difference, those who can’t will become market nutrients.
My stance is very clear: ETH bulls have no advantage today.
Those who understand should control their positions well; for those who can’t see through the market, it’s better to stay calm and wait—sometimes doing nothing is the biggest gain.
Once the key support level is broken, I will continue to follow up with updates and analysis. Friends in need, stay tuned!