The majors are very weak right now. Don’t rush in just because you see that $ETH 2050 line.
The 2050 support below is definitely holding up well. Whenever the price has been pushed down to that level over the past couple of days, buyers have stepped in, and it hasn’t broken. But the problem is that the rebound has no volume—you can see the price inching up over the past couple of days, but volume just isn’t following. This kind of rebound is just a breather after a sell-off, not a sign that big money has really returned. The easiest mistake to make here is to see strong support and go all-in on a dip buy, only to get slowly ground down.
Among the major coins, there’s only one direction I’d consider right now: mini Ethereum $ETHFI , with a small position to test a long. The reasoning is simple: if ETH really rebounds, it has more upside potential than ETH itself. Even if the broader market doesn’t rebound, its own ecosystem narrative can still support it. The take-profit level remains unchanged at 0.7.
Leave the other majors alone for now. Going long on a low-volume rebound is just giving your money away. Wait until it breaks above the level on real volume—there’ll still be time to buy the dip then!
Intraday watchlist: PIEVRSE INIT EDGE. If anything moves, I’ll notify the chatroom right away.
#CPI前瞻，12月利率走向迎关键考验 #黄仁勋因婚外情致歉，英伟达启动独立调查
The 2050 support below is definitely holding up well. Whenever the price has been pushed down to that level over the past couple of days, buyers have stepped in, and it hasn’t broken. But the problem is that the rebound has no volume—you can see the price inching up over the past couple of days, but volume just isn’t following. This kind of rebound is just a breather after a sell-off, not a sign that big money has really returned. The easiest mistake to make here is to see strong support and go all-in on a dip buy, only to get slowly ground down.
Among the major coins, there’s only one direction I’d consider right now: mini Ethereum $ETHFI , with a small position to test a long. The reasoning is simple: if ETH really rebounds, it has more upside potential than ETH itself. Even if the broader market doesn’t rebound, its own ecosystem narrative can still support it. The take-profit level remains unchanged at 0.7.
Leave the other majors alone for now. Going long on a low-volume rebound is just giving your money away. Wait until it breaks above the level on real volume—there’ll still be time to buy the dip then!
Intraday watchlist: PIEVRSE INIT EDGE. If anything moves, I’ll notify the chatroom right away.
#CPI前瞻，12月利率走向迎关键考验 #黄仁勋因婚外情致歉，英伟达启动独立调查
