A four-hour surge led to a drop in volume—are the hodlers still doing fine?
In terms of daytime thinking, everything has already been clearly stated. If it breaks below 6350, it means there is persistent selling pressure above, so the market will definitely continue to fall. On top of that, the recent U.S.-Iran conflict has been stirring again, and CPI key data is coming up—if it comes to that, inflation spikes and rate cuts are out of the question. Institutions will surely sell the positions they hold. As noted, after breaking below 6450, chasing short on the right side still has nearly 2000 points of downside potential. When it matters most, don’t take the wrong direction!
For Ethereum, once it broke below 1780, the short setup targeting 1750–1710 also arrived as expected. Next, we’ll watch the strength of the rebound and whether it can repair the move. If on the four-hour chart it closes above 1780—confirming the top-bottom transition—then the market will remain range-bound. If it can’t get back above and close up, the market will keep weakening. Hold your short position steady; the pullback room on the daily timeframe is very large!
The impact of the macro narrative will only show up after it’s reflected on the chart. After all, in crypto trading you buy expectations and sell facts. In the short term, stay aligned with key turning points. What you can worry about is only profit potential—but if your direction is wrong, then it comes down to a choice between cutting losses or getting liquidated. Your choice determines your future path!
$BTC #币安九周年 $ETH
In terms of daytime thinking, everything has already been clearly stated. If it breaks below 6350, it means there is persistent selling pressure above, so the market will definitely continue to fall. On top of that, the recent U.S.-Iran conflict has been stirring again, and CPI key data is coming up—if it comes to that, inflation spikes and rate cuts are out of the question. Institutions will surely sell the positions they hold. As noted, after breaking below 6450, chasing short on the right side still has nearly 2000 points of downside potential. When it matters most, don’t take the wrong direction!
For Ethereum, once it broke below 1780, the short setup targeting 1750–1710 also arrived as expected. Next, we’ll watch the strength of the rebound and whether it can repair the move. If on the four-hour chart it closes above 1780—confirming the top-bottom transition—then the market will remain range-bound. If it can’t get back above and close up, the market will keep weakening. Hold your short position steady; the pullback room on the daily timeframe is very large!
The impact of the macro narrative will only show up after it’s reflected on the chart. After all, in crypto trading you buy expectations and sell facts. In the short term, stay aligned with key turning points. What you can worry about is only profit potential—but if your direction is wrong, then it comes down to a choice between cutting losses or getting liquidated. Your choice determines your future path!
$BTC #币安九周年 $ETH