$ETH This old second is continuing to hover at a high level, moving sideways and shaking for more than 10 days. Either it’s just ranging, or it suddenly breaks into a spurt and keeps pulling the market—wiping out all the day-traders who trade intraday shorts, getting them stopped out or liquidated......
In July, it held sideways around 1500 for six days, then kept rallying all the way near 1900, for a 400-dollar swing as a swing trade. Then around 1950 it kept ranging for half a month, maintaining a 100-dollar上下 (up/down) range. Then suddenly around 1936, it triggered another burst of pulling, running another roughly 600 dollars. Now it’s just pretending to be dead, hovering and shaking around 2560-2400!
In July, it held sideways around 1500 for six days, then kept rallying all the way near 1900, for a 400-dollar swing as a swing trade. Then around 1950 it kept ranging for half a month, maintaining a 100-dollar上下 (up/down) range. Then suddenly around 1936, it triggered another burst of pulling, running another roughly 600 dollars. Now it’s just pretending to be dead, hovering and shaking around 2560-2400!
