$ETH Where's the bottom? Is there really a | 菜包顶级策略 on Binance Square

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菜包顶级策略

--Bearish

$ETH Where's the bottom? Is there really a bottom?

Ethereum bulls have been downright indifferent today. Looks like the bears will have the last laugh this time! The Democrats have only just taken office, and news of a regulatory investigation has already dealt the crypto market a blow. The panic hasn't even subsided yet!

This morning, Caibao had just reminded everyone that they could short around 2160. The price only rebounded to a high of 2159, and even the 2120 target was conservative. But then it plunged straight to a low of 2081! The rebound is weak, and the bears are still in control! Who understands just how strong these bears are?

Ethereum may not be ready to reverse course just yet! The Democrats have only just taken control of Congress, and they've already started investigating Binance, Tether, and the Trump family's crypto businesses. Regulatory pressure is starting to mount. Market confidence was already weak, and now there's another piece of bearish news.

So Caibao is still bearish. Open a small short position at the current price of 2084, add to it at 2130, and look for a target at the previous low of 2050!

菜包顶级策略

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Bearish

$ETH Follow-up to the previous post

The U.S. stock market is closed over the weekend, so liquidity is low and most major assets are moving sideways. But why was Caibao so decisive in opening short positions? Why say there were signs of an impending drop in the market all along? There’s a saying in crypto: the longer the market moves sideways, the more likely it is to fall!

First, I’ve adapted this idea into my own trading approach:

Sideways movement doesn’t necessarily mean that major players are accumulating. Sometimes, it’s the bulls who are gradually running out of patience. When prices can’t move higher for a long time, funds remain trapped in positions, and buying pressure isn’t noticeably increasing. Once people start losing patience, selling pressure may be released all at once.

So Caibao didn’t short simply because the market had been moving sideways for a long time. It was because the bulls’ positions had been building up during that period, while buying pressure showed no clear improvement. On top of that, each rebound reached a lower high, trading volume was shrinking, and support levels were repeatedly tested and broken.

However, Caibao’s analysis is based on market psychology and the battle between bulls and bears. It doesn’t mean that every sideways market will eventually fall. The real reason Ethereum dropped this time was that hackers had opened short positions in Bitcoin and Ethereum in advance.

Fear has yet to subside in the market, so trying to catch a rebound is risky. Caibao therefore recommends shorting into a rebound. Reference range: short around 2160–2200, with a target near 2120!