ETH current price is 2413, up 0.71% over the past 24 hours, with no real rebound to speak of.
Let me start with the risks.
RSI is 16.4—clear oversold signal—but the MACD is bearish, the volume ratio is 0.0, and it’s shrinking to the point where there’s nobody left to take the bag.
Low-volume, slow decline. Even a rebound back toward the MA20 at 2461 is going to be tough.
MA5 at 2421 and MA20 at 2461 are capping the price overhead, and MA50 at 2392 is the last major hurdle in the near term.
If it breaks below 2392, stop-loss selling will help push it down further. The next stop would be the prior low and the dense zone between 2256 and 2268.
Above, 2547/2546 are stuck together—24-hour high and also the trapped long zone.
I’m not going to chase a short directly. I’ll wait for a rebound toward around 2461 to enter, with a stop loss at 2552 and targets at 2256/2268.
This is my own tolerance range.
I’m watching the order book, just waiting for the stall around 2461.
Before finishing work, I took another look at my positions—$BTC is hanging at 76,924.
In the past 24 hours it’s down 1.3%, with trading volume of 2.443 billion.
With a market like this, in the past I could have made three round trips.
In The Memoir of a Stock Operator, that line—“Don’t try to catch every fluctuation”—I once thought it was nonsense.
Wait for the big trend to come, then move?
Who can wait.
After being ground down by the education in crypto for a few years, I finally understood the weight of that sentence.
Frequent-trading fees, slippage, and the drain on your emotions—put together, it’s more terrifying than a single big loss.
Today’s grind is bearish and the amplitude isn’t large. If you keep going in and out, the money you make still isn’t enough to cover the friction costs.
So I choose not to move.
Before the big market comes, sitting still is stronger than making random moves.
Someone closed a short position of 79,500, saying that taking it for two days is meaningless. I think we can still wait.
The Bollinger Band width received 5.3%, and the range is 79,776 to 75,644. The smaller the amplitude, the longer the next candlestick will be.
1-hour MACD is bearish; MA5 and MA20 are all stacked above 77,300. Price is being pushed down, so the near-term trend is weak. Comparing the 15-minute and 1-hour volume, both are entirely stuck at 0.0. This type of low-volume upside movement won’t go far. To break above the prior high resistance at 79,400, the volume must rise to 1.5 times today’s average volume. A breakout without volume is a fake breakout.
The 4-hour RSI has climbed to 87.1, and the overbought signal is too obvious. In the rally from 76,243 to 78,828, the short-term momentum has already been fully used up.
I plan to wait for a rebound to above 79,400, then short; my stop-loss is at 79,700. Take half off at 75,700.
If people with different costs do the same position, will the conclusion really be the same?
I’ll wait until it breaks down below 76,243 on increased volume before talking further.
In the past couple of days, I’ve been betting on one thing: with BTC rising so fast, will someone be unable to resist shouting, “The bull market is back.”
But look at the price: 77,228 is moving downward right along the MA5, and the MA20 at 72,218 hasn’t caught up yet. The price is too far away from the moving averages. With this kind of走势, you either wait for the moving average to climb up, or the price will crash down on its own.
RSI is already at 86.1—overbought for a long time. MACD is still bullish, but the volume ratio is only 0.9, with no volume expansion to back it up. It suggests the bulls are pushing, but they’re pushing with nerves.
What really makes me alert is the 24-hour low at 64,028. This swing range shows this bullish candle isn’t a broad-based rally—it was hard-pulled up by some specific wave of funds. Now it’s been pulled up to around the previous high at 79,500, but it hasn’t broken it.
My own plan: in the 78,800–79,500 range, I plan to reduce exposure—I won’t chase. If there’s a pullback to around 72,200, which is near the MA20, and it holds, then I’ll consider buying back. Set the stop-loss at 62,500—if it falls through, I’ll admit I was wrong and exit.
How are these levels calculated? The previous high, previous low, and the moving averages are all visible things on the chart. It’s not complicated—you can draw the lines yourself and calculate them too. Don’t just trust my numbers—calculate it once yourself. It’s more reliable than blindly following someone else’s signals.
Right now, I’m zooming out the candlestick chart to look at where that big bearish candle at the beginning of the month sits.
At 12:39, DASH was first dumped down to 33.43, then it turned around and pulled up to 44.60, gaining 32.42%. The $0.32 billion USDT trading volume is 1.6 times the usual average volume—money is really and truly drilling into the order book of this old coin.
Choosing this coin with funds is for one reason: among the mainstream coins, it has been squeezed for so long. Then, suddenly, it breaks out with a surge in volume. Once market sentiment heats up, speculative players rush in as well—they’re watching for this kind of breakout power.
But the RSI is already at 80.2, clearly overbought. Anyone chasing higher is basically helping prop up the people who got in first. The MACD is still in bullish territory, with DIF at 2.7571, yet the price has already pushed up to 47.55, the previous high resistance level. If it wants to break through in one go, it needs a much larger amount of volume.
MA5 is at 43.50, MA20 at 37.77. The price is trading above both moving averages, so the short-term trend is strong. However, the move from 47.55 down to 31.58 is stretched too far—once you chase in, even a slight movement will bring swings of a dozen-plus percentage points.
I want to wait for the price to pull back to 43.50 without breaking it, then enter. I’ll set the stop-loss at 31.58 and look for a target of 47.55. If I’m wrong, so be it. After all, last time I was also waiting for a pullback—then it ended up breaking through the moving averages. The waterfall wasn’t caught, but the “flying knife” was.
A Saturday that feels like you crawled out of bed after a hangover—my head still hurts, but my feet already ran ahead.
Within a day, BTC surged from 62,275 to 79,500, then came back to 78,638—up 5.31%.
Daily RSI is 88.2, extremely overbought.
MACD is still bullish. The MA5 at 72,812, MA20 at 66,178, and MA50 at 64,943 are neatly stacked in order—so the trend is fine.
The issue is volume. The volume ratio is 0.2, and with only 3.069 billion USDT in turnover, it can’t really support this kind of rally.
A low-volume rally—buyers didn’t really push hard, and the shorts weren’t in a hurry to dump.
The 1-hour MACD has already turned green, while the 15-minute RSI at 68.4 is still high. The short-term timeframe is already paying back the overbought condition on the daily.
My view: the trend is still somewhat bullish, but price has reached the tail end of the acceleration phase. This isn’t a comfortable entry spot.
If the price holds at 75,403 at the Bollinger midline, and the 15-minute chart forms a new golden cross, I’ll go long with a small position.
Stop loss if it breaks below 72,812.
Trim into 79,500—today’s high and the first line of defense for the shorts.
61,307 is the prior low. If it breaks, the bullish structure is basically over.
Chasing longs from here is like catching the last baton—you’re essentially gambling on luck, not trading.
As long as 61,307 holds, this big bullish candle still counts.
$XRP is now at 1.4709. It surged from 1.2640 in one go, up 16%. It’s just a tiny bit away from the previous high of 1.4822.
The moving averages are bullish and spreading out. MA5 at 1.4303 is above MA20 at 1.3888, and the price is also above them.
MACD is bullish as well: DIF is 0.0463 and the red bars are still there.
RSI is 68.1—strong, but not yet overbought. There’s still room.
The Bollinger Bands are leaning toward the upper band, with band width at 20.5%, so volatility is significant.
However, the turnover is 621 million USDT, only 0.8 times the 20-day average volume. This rally didn’t come with strong volume.
Momentum isn’t keeping up.
The signal is still slightly bullish, but it needs a volume boost to confirm.
In the early session, it will most likely chop between 1.4303 and 1.4756.
Above that, 1.4756 to 1.4822 is capped by a small chunk of the previous high. Without volume, it will be hard to break through in one attempt.
Support is at MA5 1.4303. If that breaks, it will likely drop to 1.3888, and then my long thesis would no longer hold.
My plan is to go long on a pullback to 1.4303 as long as it doesn’t break. I’ll place the stop-loss at 1.3888. If it reaches 1.4822, I’ll reduce the position first.