Tonight CPI data is going to blow up! ETH ($ETH ) is jumping around wildly—are the main forces just playing “monkey tricks,” or is it really about to change the game?
Before the data, if the big players don’t shake you out until you’re completely worn down, then are they going to treat you to a full Man Han Imperial feast instead?
In the past two days, ETH’s positioning has been more thrilling than a roller coaster! It first “freely falls” from $1,943 down to $1,852—brothers who chased highs basically lay flat and got beaten up; their hearts and livers are still trembling. Then it “shoots up” again and comes back to around $1,888 to grind. Up and down like that—straight up cures all kinds of stubbornness. Nauseous yet?
Tonight at 8:30, the U.S. July CPI data will be released. As of now, whether the market will cut rates in September is like flipping a coin—heads and tails are both at 50%, and nobody has a clue.
But once the data drops, the direction will be clear immediately. So those big funds and dog-whales will definitely stir things up like crazy before the release—sweeping up and down, grabbing every last share they can from anyone who doesn’t hold up well to a beating—so you end up selling at the lowest point and chasing at the highest.
Three no-brainer rules for trading:
If you want to go long: Those with guts can start with a small trial position right now; if you prefer stability, wait for a pullback to around 1865–1875 before entering.
If you want to go short: Don’t randomly chase. Wait until price spikes up into the upper strong resistance zone—when it’s clearly not able to go higher—then consider taking action.
My personal view (Three No-Brainer Rules):
Before the data is released, never let your emotions drive you to gamble with a heavy position on the direction! The main force’s specialty is using a range-bound market to tire out retail traders, like walking a dog. What we need to do is hold onto our key support/resistance lines and then fight the main force once the data comes out. Got it? 聊天室
#美国7月CPI与PPI数据本周出炉 #韩股KOSPI涨近5%启动买方侧车
Before the data, if the big players don’t shake you out until you’re completely worn down, then are they going to treat you to a full Man Han Imperial feast instead?
In the past two days, ETH’s positioning has been more thrilling than a roller coaster! It first “freely falls” from $1,943 down to $1,852—brothers who chased highs basically lay flat and got beaten up; their hearts and livers are still trembling. Then it “shoots up” again and comes back to around $1,888 to grind. Up and down like that—straight up cures all kinds of stubbornness. Nauseous yet?
Tonight at 8:30, the U.S. July CPI data will be released. As of now, whether the market will cut rates in September is like flipping a coin—heads and tails are both at 50%, and nobody has a clue.
But once the data drops, the direction will be clear immediately. So those big funds and dog-whales will definitely stir things up like crazy before the release—sweeping up and down, grabbing every last share they can from anyone who doesn’t hold up well to a beating—so you end up selling at the lowest point and chasing at the highest.
Three no-brainer rules for trading:
If you want to go long: Those with guts can start with a small trial position right now; if you prefer stability, wait for a pullback to around 1865–1875 before entering.
If you want to go short: Don’t randomly chase. Wait until price spikes up into the upper strong resistance zone—when it’s clearly not able to go higher—then consider taking action.
My personal view (Three No-Brainer Rules):
Before the data is released, never let your emotions drive you to gamble with a heavy position on the direction! The main force’s specialty is using a range-bound market to tire out retail traders, like walking a dog. What we need to do is hold onto our key support/resistance lines and then fight the main force once the data comes out. Got it? 聊天室
#美国7月CPI与PPI数据本周出炉 #韩股KOSPI涨近5%启动买方侧车