ETH is at a critical position right now.
The market movement over the past couple of days has actually been a bit off.
On the surface, it seems to be sideways around 2050, but if you look closely, you will find:
The rebounds are getting weaker, and there are sellers as soon as it goes up.
To put it simply—
The bulls are struggling a bit.
There’s resistance at 2100~2150, and the lower level of 2000 is being tested repeatedly; this kind of structure generally won’t stay sideways forever and will eventually choose a direction.
The most important point in the market right now is actually just one:
Can 2000 be held?
If it can be held, then we will continue to see volatility, going back and forth.
But if it breaks down, especially with volume,
The market will likely not decline slowly but will accelerate directly.
The most common mistake in this position is:
Trading back and forth in the middle and getting repeatedly harvested.
My own thinking is very simple:
Don’t chase the long positions.
If the rebound isn’t strong, consider it weak.
At this point in the market, it’s no longer about who can predict accurately,
But rather about who can wait.
Wait for the right position, and leave the rest to the market. @惊渔在带单