David’s Trading Notes
2026.9.24 $ETH
1. Review
Now the smaller timeframe has already exited the correction. Looking at the Ethereum candlesticks, will the correction expand further?
(Figure 1) “Locking a boat to find a sword” — throughout history, whenever price reaches 2800, there has been a major reaction. See how far this time’s reaction can go.
On the macro side, the dominant factors affecting the U.S. dollar index, inflation, U.S.-Iran relations, and interest rates are: oil prices. Once oil prices are dealt with, everyone’s situation improves.
Today intraday: mainly short setups, with longs as a supplement.
(Figure 2) Going long
1. Watch 2675: wait for a five-minute bullish engulfing (yang engulfing yin) signal, then enter.
Going short
1. Watch 2714: wait for a five-minute bearish engulfing (yin engulfing yang) signal, then enter.
2. After 2742 breaks down, the former support turns into resistance. If the five-minute chart gives a signal again, consider shorting.
2. As for the structure of the market itself
I scanned the whole market. Ethereum’s path and走势 are almost the most standard. Considering volatility, formations, and the trading/positioning experience, for current operation focus and mind (投心思操作), it’s truly “one分耕耘一分收获.” Focus on Ethereum first, then Bitcoin, and altcoins (altcoins only take one wave and don’t chase). #美国拟推动美元稳定币海外使用
2026.9.24 $ETH
1. Review
Now the smaller timeframe has already exited the correction. Looking at the Ethereum candlesticks, will the correction expand further?
(Figure 1) “Locking a boat to find a sword” — throughout history, whenever price reaches 2800, there has been a major reaction. See how far this time’s reaction can go.
On the macro side, the dominant factors affecting the U.S. dollar index, inflation, U.S.-Iran relations, and interest rates are: oil prices. Once oil prices are dealt with, everyone’s situation improves.
Today intraday: mainly short setups, with longs as a supplement.
(Figure 2) Going long
1. Watch 2675: wait for a five-minute bullish engulfing (yang engulfing yin) signal, then enter.
Going short
1. Watch 2714: wait for a five-minute bearish engulfing (yin engulfing yang) signal, then enter.
2. After 2742 breaks down, the former support turns into resistance. If the five-minute chart gives a signal again, consider shorting.
2. As for the structure of the market itself
I scanned the whole market. Ethereum’s path and走势 are almost the most standard. Considering volatility, formations, and the trading/positioning experience, for current operation focus and mind (投心思操作), it’s truly “one分耕耘一分收获.” Focus on Ethereum first, then Bitcoin, and altcoins (altcoins only take one wave and don’t chase). #美国拟推动美元稳定币海外使用