🚨 Vitalik is BUTCHERING $ETH amplifying PRICE DROP!
Ethereum is hovering near $1,850 and the chart is not looking friendly. Price just broke down from a clear bear pennant with rising volume. That is not random noise. That is conviction selling.
Technical target from this breakdown points near $1,475. That puts the $1,500 psychological level directly in the crosshairs before early March. If bulls do not reclaim the lost trendline and push back above $2,085, the path of least resistance stays down.
Now add fuel to the fire.
Vitalik Buterin announced plans to sell 16,384 ETH to fund ecosystem initiatives. Around 9,000 ETH has already been moved and sold in batches. There are still over 7,000 ETH potentially left. That is a visible supply overhang sitting above the market.
History shows founder linked transfers tend to shake confidence. In 2021, large Ethereum Foundation transfers came right before major tops. Traders remember that. Sentiment reacts fast.
$ETH is already down over 18% this month. The selling pressure lines up with the distribution timeline. That is not something the market ignores.
The Bank of Japan (BoJ) has raised its interest rate from 0.5% to 0.75%. This is the highest level in about 30 years and the first increase since January. #BOJ
In just this month, I helped her turn things around. On the 23rd of last month, when the young deer found me, she was in very poor condition. She is a young shop owner running a coffee shop, and with half a year’s revenue plus some savings, she pooled together 200,000 U to invest in a contract, hoping to double it quickly to renovate her new store.
As a result, in less than two weeks, she hit two waves of sharp declines, leaving her account with less than 80,000. She sent me a voice message with a crying tone: “Bro, I’m almost out of money, should I just stop completely?”
I said: “Stop? If you stop now, you will lose real money. If you want to turn things around, just do as I say, and don’t make any mistakes.”
In the first week, I locked her positions. She used to take half her capital for risky bets, so I set strict rules for her: a maximum of 10% of total funds for a single transaction, and a mandatory stop loss at 5% loss.
She asked: “So light, when can I break even?” I replied: “First, learn to ‘stay alive’, then think about ‘making money’.”
In the second week, I had her do just one thing: wait. At that time, PIPPIN surged above 0.22, I said: “Don’t chase, wait for it to finish its move.”
Last week, when it started to hover at a high level continuously and the volume clearly couldn’t keep up, I had her start to gradually short near 0.218. “Remember, we are not guessing the peak; we are making a reasonable correction after the upward momentum exhausts.” She followed along with some doubt.
Just this week, the market validated the judgment. PIPPIN fell from 0.218 all the way down to below 0.19, and she strictly followed the plan to take profits in stages.
Last night, when she closed the last part of her position, she calculated: this trade netted her nearly 60,000 U. Her account went from less than 80,000 back to 140,000.
She excitedly sent me a series of voice messages, and I said: “Don’t rush, this is just the beginning. The reason you lost money before was that you were ‘recklessly wandering’ in the market. Now, you have a map in your hands.”
Now, not only has her account recovered, but her rhythm and confidence have also completely returned. This market is like this: most people lose due to emotions and chaos, while winners succeed through planning and execution.
If you are struggling like her, watching your account shrink but not knowing what to do—what you may be lacking is not luck, but someone who can help you see the way. #PIPPINShootout #美联储重启降息步伐