It’s like the elevator has just arrived at the door—you’ve already taken a step out, and then the door pops open again.
That’s exactly what it felt like. $ETH jumped to $2,400, but after 24 hours it still wouldn’t really go red; instead, it was down about 0.33%.
I stared at it from the desk for ten-odd minutes and didn’t rush to chase.
This kind of breakout looks exciting. But once you place it on the chart properly, the “sting” isn’t that sharp.
$BTC is currently hovering around 77732. It’s only up 0.32% over 24 hours. The high tapped 77900, and the low went down to 76264.
The price hasn’t surged much, but the number of trade prints is pretty decent. Spot is 1.001 billion, while the derivatives are 11.185 billion—about 11.2 times.
It’s like outside a mall entrance there are a bunch of people. But once you actually go in to make a purchase, there aren’t many—more like everyone’s just pushing and milling around at the door.
The funding rate is only +0.0080%, open interest is 107,747 BTC, and it doesn’t look like the market sentiment has totally gone out of control.
Personally, I’m leaning toward watching from the sidelines.
It’s not that $ETH 2400 can’t break above. It’s just that right now it feels like everyone already knows it should be strong—when you get to the actual moment of breakout, the relay has some hesitation instead.
Last time at this kind of spot, I opened a trade out of impatience. I got washed out in less than half an hour. After that, even if it kept rising, it had nothing to do with me.
So if you ask me what I’d do this time, I’d first watch whether $BTC can hold steadily above 77900. Then I’d check whether $ETH , after breaking out, can bring in continuous volume.
If it goes above but with shrinking volume, I won’t move.
If it can actually chew through the sell wall above with volume, then I’ll recognize it.
The market is changing—what works today may not work tomorrow.
$BTC #BTC走势分析 #BinanceSquare
That’s exactly what it felt like. $ETH jumped to $2,400, but after 24 hours it still wouldn’t really go red; instead, it was down about 0.33%.
I stared at it from the desk for ten-odd minutes and didn’t rush to chase.
This kind of breakout looks exciting. But once you place it on the chart properly, the “sting” isn’t that sharp.
$BTC is currently hovering around 77732. It’s only up 0.32% over 24 hours. The high tapped 77900, and the low went down to 76264.
The price hasn’t surged much, but the number of trade prints is pretty decent. Spot is 1.001 billion, while the derivatives are 11.185 billion—about 11.2 times.
It’s like outside a mall entrance there are a bunch of people. But once you actually go in to make a purchase, there aren’t many—more like everyone’s just pushing and milling around at the door.
The funding rate is only +0.0080%, open interest is 107,747 BTC, and it doesn’t look like the market sentiment has totally gone out of control.
Personally, I’m leaning toward watching from the sidelines.
It’s not that $ETH 2400 can’t break above. It’s just that right now it feels like everyone already knows it should be strong—when you get to the actual moment of breakout, the relay has some hesitation instead.
Last time at this kind of spot, I opened a trade out of impatience. I got washed out in less than half an hour. After that, even if it kept rising, it had nothing to do with me.
So if you ask me what I’d do this time, I’d first watch whether $BTC can hold steadily above 77900. Then I’d check whether $ETH , after breaking out, can bring in continuous volume.
If it goes above but with shrinking volume, I won’t move.
If it can actually chew through the sell wall above with volume, then I’ll recognize it.
The market is changing—what works today may not work tomorrow.
$BTC #BTC走势分析 #BinanceSquare