Many people overlook a reality: after the same round of a rally ends, BTC and ETH follow completely different washout logic.
$BTC a large amount of chips is in a long-dormant state. After a big surge, big players more often choose to hold and watch rather than dump in large batches. Pullbacks are more driven by liquidation pressure from derivatives leverage, and the downtrend pace is relatively mild. ETH liquidity is far higher. After a sharp upswing, the floating chips from swing-profit positions and unlocked collateral tend to exit en masse. Even if the broader market hasn’t clearly turned bad, $ETH will still show an independent retracement.
This is exactly what makes the high-range stage so tormenting: the overall market looks fairly stable, yet the drawdown on the ETH you hold exceeds expectations. Don’t simply judge ETH’s support strength based on BTC’s relative toughness. In a high-level consolidation market, ETH’s support is even more fragile. When trading with leverage, treat position sizing and stop-loss criteria differently for the two coins; you can’t use the same parameters for both all the way 😊
$BTC a large amount of chips is in a long-dormant state. After a big surge, big players more often choose to hold and watch rather than dump in large batches. Pullbacks are more driven by liquidation pressure from derivatives leverage, and the downtrend pace is relatively mild. ETH liquidity is far higher. After a sharp upswing, the floating chips from swing-profit positions and unlocked collateral tend to exit en masse. Even if the broader market hasn’t clearly turned bad, $ETH will still show an independent retracement.
This is exactly what makes the high-range stage so tormenting: the overall market looks fairly stable, yet the drawdown on the ETH you hold exceeds expectations. Don’t simply judge ETH’s support strength based on BTC’s relative toughness. In a high-level consolidation market, ETH’s support is even more fragile. When trading with leverage, treat position sizing and stop-loss criteria differently for the two coins; you can’t use the same parameters for both all the way 😊