$IO 15 minute level, starting from the independent market (during the 12% pullback of ETH, large funds entered the market and pushed prices up, performing excellently). After one overbought line, it formed a standard triangular horizontal consolidation, indicating that retail investors entered at high positions, with most being short at the beginning. A spike broke through the top of the shorts, and later entrants were FOMO retail investors, not many in number.

On Thursday and Friday, for two days, a standard small double top emerged in the triangular consolidation, which is a standard sign of the reduction of retail FOMO sentiment, a follow-the-trend market.

Tomorrow and the day after, the triangular consolidation will quickly converge to around 4.2-4.3, and then will be broken or fall through.

The maximum probability is a downward spike or a slight sell-off, with a downward target around 3.7. One, it is a resistance level; two, it precisely clears 10x contracts, and after the spike or break, good things will happen.

A few people asked me why I don't push the market up, because pushing up cannot collide, the liquidity in the market is limited (especially since this round of meme coins has not successfully attracted new participants). If the market maker collides with the pushes of meme coins and with AVA, XRP, TRX, it would incur greater losses, so it is necessary to stagger and take turns pushing the market up, which is what the retail investors refer to as 'sector rotation.'