$ETH A quick analysis!
Not sure if everyone read last night's article—I posted it, and the market immediately pulled back. I hope none of you chased the price, right? I've already taken profits on all my Steel Bro positions (2511–2570). I'm preparing for the next trade, so if you still don't have a direction, be quick this time!
There was a brief rally just after midnight yesterday, and the price has now broken through the 2560 resistance level. What happens next? Here are a few things to watch:
1. The market moved sideways over the weekend, giving the big players a chance to shake out the less committed long positions. Funds flowed back in after midnight, and the price has now broken through 2560.
2. Price is now hovering around 2560, grinding just below the previous high of 2571. This is a key dividing line: a breakout would open up room above, while a failure to break through would mean another pullback to build momentum. Support is at 2540.
3. Don't chase the price when emotions are running high. After a rally, the hourly chart is likely to pull back and retest. Watch closely to see whether 2540 holds; if it does, the bulls are still in control.
One thing I need to remind everyone: Ethereum ETFs saw $542 million in net outflows last week, marking nine consecutive days of outflows, and funds are still leaving the chain. The market rebound is diverging from fund flows, so even if the price breaks through 2560, don't get too optimistic about the upside. Take it one step at a time.
In this market, chasing offers poor risk-reward, while blindly calling a top can easily get you squeezed. This is exactly when trading discipline matters most—stay steady and build your position carefully.
As for how I'll set up the next trade, same as usual: updates on the plaza are too delayed, so I'll share them in the Iron Fortress. If you still don't have a direction, don't miss out this time! #比特币重回8.4万美元 #以太坊突破2500USDT
Not sure if everyone read last night's article—I posted it, and the market immediately pulled back. I hope none of you chased the price, right? I've already taken profits on all my Steel Bro positions (2511–2570). I'm preparing for the next trade, so if you still don't have a direction, be quick this time!
There was a brief rally just after midnight yesterday, and the price has now broken through the 2560 resistance level. What happens next? Here are a few things to watch:
1. The market moved sideways over the weekend, giving the big players a chance to shake out the less committed long positions. Funds flowed back in after midnight, and the price has now broken through 2560.
2. Price is now hovering around 2560, grinding just below the previous high of 2571. This is a key dividing line: a breakout would open up room above, while a failure to break through would mean another pullback to build momentum. Support is at 2540.
3. Don't chase the price when emotions are running high. After a rally, the hourly chart is likely to pull back and retest. Watch closely to see whether 2540 holds; if it does, the bulls are still in control.
One thing I need to remind everyone: Ethereum ETFs saw $542 million in net outflows last week, marking nine consecutive days of outflows, and funds are still leaving the chain. The market rebound is diverging from fund flows, so even if the price breaks through 2560, don't get too optimistic about the upside. Take it one step at a time.
In this market, chasing offers poor risk-reward, while blindly calling a top can easily get you squeezed. This is exactly when trading discipline matters most—stay steady and build your position carefully.
As for how I'll set up the next trade, same as usual: updates on the plaza are too delayed, so I'll share them in the Iron Fortress. If you still don't have a direction, don't miss out this time! #比特币重回8.4万美元 #以太坊突破2500USDT