$ETH I am writing this post with a heart full of gratitude. I have never placed myself on a high pedestal; I am just a very ordinary person. Binance provided me with a platform, and with some good luck, I became a moderately successful KOL in the square.
Actually, from the beginning to the end, my purpose or goal has always been to bring some ideas to everyone, to provide some flashes of inspiration for trading. I haven't really been as arrogant as I jokingly call myself the 'God of Ethereum'; it’s just for fun and to attract some attention.
Entering at the 2950-3000 level and now at 3700, I actually told everyone at 3000 that the future outlook for Ethereum could be very clear and thorough. This wave really feels like I helped all my friends make a significant profit, and I wanted to help everyone double their capital. So, I initially told everyone to aim for an Ethereum profit of 800-1000 points. Completing this trade would help everyone double their funds!
Now that the timeline has progressed to the present, for those who entered with me, the target of 3700 has been reached. Basically, every brother or comrade (like-minded individuals) has gained almost 2000% profit, and most people’s total capital has doubled. I kept posting to encourage everyone to hold on and not to be afraid. Now your funds have doubled, and you’ve achieved profits you’ve never seen before!
I also admire those who held on; actually, being able to hold on, in my eyes, you are the God of Ethereum!
I am very grateful to everyone. I am very happy and excited about this wave. What makes me happy is not that I made money, but that everyone made money and earned significant profits. I hope everyone remembers this feeling and never forgets it!
Total capital has doubled, and profits of around 800-1000 points have been achieved. I’m not bragging. As for the big cake in hand, I will help you double your funds again!
$ETH In a few days, people will discover that someone has revealed his bottom-fishing long position, but little do they know this is just a rebound before an avalanche.
Figure 1: Ethereum's weekly candlestick has undoubtedly broken through the EMA 200-day moving average on the weekly level, and the weekly candlestick pattern is a bearish engulfing candle that has broken down. Standing at this larger weekly level, there is no doubt that the bears are very, very strong, and they have managed to break below the EMA 200-day moving average on the weekly level (around 2640). Therefore, no matter how you look at this level, it is bearish, and we are far from the bottom for buying.
However, it is also important to note that the MACD on the weekly chart is in an extremely bullish configuration, while the naked candlestick is extremely bearish. These two seem contradictory, but in this situation, the weekly candlestick is likely to dominate (the candlestick is the most direct representation of capital games, while indicators are a weighted average of applied algorithms; the candlestick reigns supreme), and the MACD is more likely to transition from a bearish column to a bullish column, but this transition process will be a downward one.
Figure 2: On the daily level of Ethereum, the MACD must digest the bearish momentum here. How to digest it? It's simple; it just needs to transition from a bearish column to a bullish column. During this transition process, the market may consolidate, may pull back, or even continue to drop. But these are not important; what matters is that this segment of the MACD can transition to a bullish column. Being able to transition to a bullish column indicates that the indicator has been repaired. After the repair, wait for a bearish pattern to appear on the daily level, and then look for points to enter a short position on the four-hour chart, and that's it. Bottom fishing? Absolutely not.
Many people are losing patience, eager to open positions, but everyone, take a look at the market now: is going long profitable, or is going short profitable? We have already entered garbage time; opening a position only requires an opportunity, and that opportunity is earned through patience and time.