$ETH daily chart: fell to 1888, and my account was in the red for another day.
But honestly, I’m not panicking at this level. Since the drop from 2806, the price has shed a third of its value, and the daily RSI plunged to 12—the most extreme oversold reading in this market cycle. The point when the most people are panicking is often when prices are cheapest.
There are two support levels to watch: first, 1800–1850, the old consolidation zone that held for three months from June to August. That’s where the most positions are concentrated, so one bearish candle won’t break through it easily. If it does break, the next level to watch is the launch wick at 1503.
Let’s be clear about resistance, too: 1950–2000 is the first hurdle. All the moving averages are overhead, so people will sell to break even if the price rebounds there. Only after it holds above that level is 2200 in play. Above that, 2400–2500 is a zone of trapped holders. For now, don’t count on a return to the 2806 peak.
My approach is simple: hold my core position, add in batches near 1800, and trim a little if it rebounds to 2000. I’m not trying to call either the top or the bottom.
You learn after being in this business for a while: the big winners always start out feeling awful.
If you used to stumble alone in the dark, the light is in my hands now, and it stays on. Join me if you’re looking for steady, compounding returns.
#比特币跌破200周均线
But honestly, I’m not panicking at this level. Since the drop from 2806, the price has shed a third of its value, and the daily RSI plunged to 12—the most extreme oversold reading in this market cycle. The point when the most people are panicking is often when prices are cheapest.
There are two support levels to watch: first, 1800–1850, the old consolidation zone that held for three months from June to August. That’s where the most positions are concentrated, so one bearish candle won’t break through it easily. If it does break, the next level to watch is the launch wick at 1503.
Let’s be clear about resistance, too: 1950–2000 is the first hurdle. All the moving averages are overhead, so people will sell to break even if the price rebounds there. Only after it holds above that level is 2200 in play. Above that, 2400–2500 is a zone of trapped holders. For now, don’t count on a return to the 2806 peak.
My approach is simple: hold my core position, add in batches near 1800, and trim a little if it rebounds to 2000. I’m not trying to call either the top or the bottom.
You learn after being in this business for a while: the big winners always start out feeling awful.
If you used to stumble alone in the dark, the light is in my hands now, and it stays on. Join me if you’re looking for steady, compounding returns.
#比特币跌破200周均线
