After the decline in the first half of the night, the bottom came out. I shorted at 3630 and bought at 3570. 3545 is bullish in the short term, but it will fall after it rises. If it rises quickly, this line will inevitably be penetrated. If it rises slowly, it is hard to say.

There is a possibility of an increase above the 1-hour level, and it may go to 3800, but it should go to 3200 before going to 4000.

Do you think Ethereum will rise or fall $ETH

This trend line is too steep, I think it still needs to consolidate around 3200 for a while

SOL can observe the market in advance, after all, the traders are the elites of Wall Street. SOL has seen net outflows these days, while altcoins are soaring, and Bitcoin and Ethereum remain unchanged. If altcoins peak, it could lead to a major market crash, or Ethereum could take off. However, the trend of SOL seems more like it's about to plummet.

Both bulls and bears are eating

Be cautious about shorting during the day today; if it reaches 3700, it can be considered. It has dropped 200 from the high, and unless there are any special events, a crash is unlikely. Moreover, unless there are major positive factors like interest rate cuts, it won't surge. Whatever positive data comes out, wait until it rises to short.

Don't be brainwashed, coins that are not heavily weighted have taken off, mainstream coins like Ethereum that are heavily weighted cannot soar, and the final result is fluctuations. When the manipulators feel that the supply has been sold off enough, they use negative news to crash the market and buy back the chips.

Sang for several days, finally fell. Currently, Ethereum will rebound to around 3660, then enter the next phase of the waterfall.

The funding rate for Ethereum has decreased from 0.05 at 3730 in the morning to 0.04 at 1 PM. It is clear that the big players are using contracts to suppress the spot market.

Remember one thing, sell when the crowd is noisy. Shouldn't you take some profit now even if you don't run?

If you haven't experienced it, you won't know. Right now, going long is like taking chestnuts from the fire; a waterfall could come at any moment. Although many people are currently in profit from going long, have you reduced your position? A single dump from a manipulative trader can directly lead to liquidation. It is recommended to at least take profits on half of your position at this level.

The lessons I learned from the past taught me that I should not go long, leave some space for myself, and short a small position. I should go short every time the market goes up. Can I still pull it violently now? It takes real money to pull the market. Now the risk for the dog dealers will also be getting bigger and bigger

Let go of all temptations and trade rationally, then whether Ethereum drops to 3000 or rises to 4200, the profits are about the same. Being overly bearish or chasing after prices is not right; looking at Bitcoin's strength, it's hard to break 100,000 without good news. Even with good news, there could be false breakouts to lure in buyers. After stopping out of my short position at 3470 yesterday, I became bullish, but didn't enter. I shorted again at 7 AM and made a decent profit.
The price has risen too quickly but has not yet had a sharp drop; the only possibility is that the depth is insufficient, making it easy to trigger a cascade of selling, which makes it difficult for the market makers to recover their costs for pumping the price.
Back to the market, most of the time going short leads to losses, while going long feels like bait; catching a spike to go long is like picking up money, but you never know when to pull out. I would rather miss out on a trend and wait for a familiar range to trade, or to short after a rise of several hundred points in the evening.
Once again, I remind you that driving the price up incurs costs, and these costs will eventually have to be recouped; the bubble that has been inflated will eventually burst.

This position feels off, I might run at any moment, but shouldn't the monthly line close?

I 3670 is empty

Ethereum should be able to short, defend 3720, look down at 3550

Personal opinion, be cautious when shorting Ethereum. The four-hour line of Bitcoin may rise to 97,000, which means Ethereum could potentially surge to 3600 or 3700. This does not mean you should buy high to go long. If you're afraid of missing the opportunity, you can short with a small position, but it's best to observe tonight.

A correction was made, Ethereum is really great, it has an upward trend

The trend of Ethereum is really beautiful, even with such a strong drop, it is still on an upward trend