That wave of ONDO’s strategy just played out as expected. If you were able to keep up with the pace, you’ve already successfully captured this round of upside gains. The “money-picking” window is often hidden when disagreement is at its maximum. The $ETH four-hour timeframe pushed up and then repeatedly printed upper shadows in succession, but the volume couldn’t keep up—so I don’t really trust that this structure can hold. The upper range was tested again and again and repeatedly got pushed back, which indicates real selling pressure; the rebound looks more like a place being left for the shorts.
The moving averages have started to flatten and turn downward, and the momentum indicators are also losing sharpness at high levels. The probability of breaking down appears clearly higher than the probability of continuing to surge. As long as the pullback doesn’t break the current structure, I’ll stick with a bearish mindset and first watch whether the prior low area below can be effectively broken through.
🔴 Trade direction: Sell short
📍 Entry range: 2670 – 2710
🛑 Stop loss: 2720
🎯 Take profit 1: 2640
🎯 Take profit 2: 2630
No need to chase the headline. The headline will pause on its own.
Stand side by side with Sister Li, and let every inch of time echo back.
#ETH
Click below to trade 👇
The moving averages have started to flatten and turn downward, and the momentum indicators are also losing sharpness at high levels. The probability of breaking down appears clearly higher than the probability of continuing to surge. As long as the pullback doesn’t break the current structure, I’ll stick with a bearish mindset and first watch whether the prior low area below can be effectively broken through.
🔴 Trade direction: Sell short
📍 Entry range: 2670 – 2710
🛑 Stop loss: 2720
🎯 Take profit 1: 2640
🎯 Take profit 2: 2630
No need to chase the headline. The headline will pause on its own.
Stand side by side with Sister Li, and let every inch of time echo back.
#ETH
Click below to trade 👇