ETH current price 1,899—honestly, I don’t have much of a reaction in my heart.
Price is sitting on the MA5 at 1,899, but the MA5 and MA20 are almost flat between 1,899 and 1,904, suggesting neither buyers nor sellers have much momentum in the short term. RSI is 38.9—still some distance from being oversold, not extremely stretched, but clearly on the weaker side.
The MACD is arranged in a bearish configuration, moving below the waterline—this is suppression. The volume ratio is 0.0, with a severe contraction in volume. With a trading value of 287 million USDT, there isn’t even a decent amount of selling pressure, and it also can’t absorb the buy orders.
The Bollinger Bands have opened by only 1.8%. The upper and lower bands are 1,922 and 1,887. Price is oscillating around the middle-to-upper band, which looks like the late stage of a tightening range. Direction hasn’t been chosen yet, but the bearish signals are more complete.
My own take is: 40% chance of a drop, 40% chance of range-bound movement, and 20% chance of an up move. For an up move, you’d need to reclaim 1,904 with increased volume and stand firm above the MA20—right now, that’s not in place.
Key support is 1,869, a densely packed prior-low area. If that breaks, stop-loss orders are likely to rush in. Resistance is 1,919, the 24-hour high, which also corresponds to the Bollinger upper band.
My plan is: if it falls to around 1,869, and I see a volume-contracted rebound, I’ll try a small long position. Stop-loss at 1,850; target 1,904 to reduce exposure. If there’s a high-volume break below 1,869, I won’t chase—I’ll wait for the next confirmation signal.
Don’t let your position size get ahead of your judgment—I remember that.
It’s been ten years, and I’m still paying off debts.
$BTC 64,238, up 1.13% within 24 hours, with only 922 million U in trading. The order book is calm—nothing seems to have happened. The batch of coins that were lost in Mt. Gox years ago has been dug up again today. It’s older than every get-rich story I’ve ever heard. The price jitters for a moment, then crawls back to where it was. In crypto, memory lasts longer than you think. You assume the matter is over—but it comes back the very way it went, on some afternoon. At the position of 64,238, there’s no new story being told. It’s just waiting for that old account to be settled. I noticed that everyone is staring at the K-line charts—no one is watching where that batch of coins goes.
Lost for ten years, and the market is still acknowledging this debt.
At this level, 64,610, it looks like it’s about to break out, but the volume ratio is only 1.2—so I’m not confident.
The RSI has reached 70.6, which means it’s overbought. On the 4-hour timeframe, anyone chasing the price once it hits this level becomes fuel for someone else.
The MACD’s DIF is still above the DEA, and the MA5 at 64,171 is hugging the price—so the trend hasn’t really turned bad.
However, the upper Bollinger band at 64,434 is right overhead, and the bandwidth is only 3.3%—so it’s too tight to hold back momentum.
The key is volume. 64,610 is the 24-hour high. To break through it, you need expansion in volume—at least a volume ratio of 1.5 or higher.
Right now it’s only 1.2, which isn’t enough.
If it pushes hard, the most likely scenario is a fake breakout, followed by a pullback to 63,644. If that level can’t be held, the next support is the Bollinger middle band at 63,383, which is also where the MA20 is.
For ETH it’s even clearer. RSI at 56.1 isn’t weak. The volume ratio is 1.6, and volume did increase—yet the price didn’t move. Volume-expansion with stalled upside suggests that someone is distributing/offloading.
ETH/BTC is at 0.029531, and the capital hasn’t really come back.
My idea is: pull back to around 63,383 to go long, set a stop-loss below 62,500, and target 65,329. If it gives the entry, I’ll trade; if not, I’ll wait.
As long as there’s no breakout volume at 64,610, I’ll wait for the pullback.
1901—looks like it might push higher, but the volume is only 0.6; I’m a bit wary.
A shrinking-volume climb is the worst scenario when you fear that a single bearish candle could wipe everything back. MACD is bullish and RSI is 60.1—technically it does look strong. But without volume, any “strength” is just an illusion. The Bollinger upper band at 1915 is right overhead, and the bandwidth is only 2.6%, squeezed tightly—there’s a real chance it’ll choose a direction at any moment. If it breaks below 1891’s MA20, then the next level is 1889’s MA50. After that, the zone from 1854 to 1860 is the place where the real bulls’ stronghold is.
On the upside, 1931 is pressing with two layers of resistance—the prior high and the integer round-number level are stacked together. Without volume, it can’t clear that area. Support at 1854 is where price has repeatedly tested over the past few days without breaking. The key is: if it really drops there, my long position would have already been stopped out.
So my plan is: buy on the pullback from 1889 to 1891, set a stop loss at 1850, and the initial targets are 1925 to 1931. What signal am I waiting for? Either a 15-minute breakout with increased volume above 1931, or a pullback that doesn’t break the moving average and then a push higher. Chopping on low volume in this area is the most uncomfortable situation. I may also be wrong—if it directly breaks through 1889 with strong volume, then I’ll accept it.
Place the order, make sure the stop loss is set, and don’t manually tinker with it again.
Last night I bet it would first step on 74.1 and then rally. In the end, it got bought back when the low only reached 74.58. I admit that the low is being lifted with this move, but with 0.96 billion USDT in trading volume—only about half of the 20-day average volume—I don’t believe this rebound can go far.
Now 75.94 is sticking right against MA5 at 75.93, MA20 is at 75.78, and the moving averages are basically stuck together, which shows that the short-term cost basis is all piled up at this level. RSI is 53.8 and slightly strong; MACD is still bullish, with DIF at 0.1548—there’s nothing wrong with the indicators. The Bollinger Band bandwidth of 2.2% has tightened very narrowly; the upper band is pressing down at 76.22, and without volume it can’t surge upward.
76.22 is the 24-hour high, and above it are all the long positions trapped from yesterday waiting to be released. Under a low-volume backdrop, pushing through in one go isn’t realistic. I’m more inclined to see it first pull back to around 74.18 to shake out the less determined holders, and then gather strength to test resistance.
My plan is simple: if it pulls back to 74.1–74.18 without breaking, I’ll go long. Stop loss at 73.9, and the first target is 76.2. If it trades with volume and directly holds above 76.22, I’ll chase a position, with stop loss at 75.4, and I’ll watch for 77.5. If 74.1 breaks, I won’t look anymore and will check the chart again at 2:00 PM.
Last night, 62,896 touches and it reached 64,535—up 2.6% over 24 hours.
The 1-hour RSI has surged to 74.5, entering the overbought zone.
The MACD is still bullish, but the volume is 0.0—volume has contracted.
An up move on contracting volume is a detail I’m not too comfortable with. Resistance levels at 64,610 and 64,578 are pressing down above—how can it break through without volume?
The upper Bollinger band is at 65,034 just overhead. The bandwidth is only 3.3%; the range is narrowing. It suggests direction needs to be chosen, but it hasn’t been.
Let’s talk about the people holding positions.
Bought around 62,900—currently up over a thousand dollars, watching the previous high at 64,610. If it can’t break through, I’d need to take profits.
Chased above 64,200—only a small unrealized gain, but once it runs, they’ll move faster than anyone.
With 63,969 around MA20: if price breaks below here, the stop-loss orders will trigger in sequence. Then you’d look directly at the 62,750 support.
My plan is very simple: once it holds above 64,610 and there’s a breakout with volume, I’ll consider following. I’ll allocate only 20% of my position, with a stop-loss at 63,850.
If it continues to push higher on reduced volume, I won’t enter.
This is just my own plan.
With overbought conditions and contracting volume pushing up—can 64,610 truly be broken this time?
Last night’s low of 62,751—I watched it for a minute and didn’t act.
Now BTC is already at 64,292, and ETH is hovering at 1,905.
BTC is up 2.2%, while ETH has only moved 1.57%—that’s the difference between “running along” and “just getting a ride.”
The Bollinger Bands on BTC have been opening for almost a week; last night, a single bullish candle directly tore it open, and price is riding along the upper band.
RSI is 58; the 4-hour MACD has just formed a golden cross; MA5 has crossed above MA20—direction is aligned.
Trading volume is 902 million, 1.6 times the average volume from the past few days. Volume-backed rally—this isn’t a trap for longs.
Resistance above: 64,610 is last night’s high. Break through and you’re looking at 65,000.
Support below: 63,800 is the MA5. If the close breaks below it, the short-term long thesis is gone.
63,100 is the MA20—if we lose the bounce, it’s basically worthless.
For ETH, the Bollinger Bands are still tightening. It failed to get past 1,916 twice; RSI is only 46, and the MACD dead cross hasn’t been repaired.
It’s weaker than BTC by one tier—I’m too lazy to look at it.
At the open, the most likely path is to first test 64,610, then pull back to 63,800.
I’ll wait for the pullback to enter, set stop-loss at 63,000, target 64,610. If it goes through, I’ll take about half off at 65,000.
If this plan is wrong, the loss is on me. If it works, you’re just lucky.
0.01752, GPS is it. At 4 a.m., it was on the gainers’ board—pumped up 63 points.
Spot: 0.01628. It’s only one breath away from the high. But over the last 24 hours, only 0.35 billion USDT worth traded—this volume can’t support a move like this. A price rise on shrinking volume: either the chips are locked up too tightly, or there’s simply nobody to take the other side.
RSI just hit 60; it hasn’t crossed into overbought. In theory, there’s still room. MACD’s DIF is still at 0.0012; the bearish alignment hasn’t fully unwound yet. This setup looks more like a rebound from oversold conditions, not the start of a brand-new uptrend. MA5 is at 0.016288—price is riding along the 5-day line. MA20 is at 0.015381. The medium-term moving averages haven’t fully turned yet.
At this time of night, the order book is thin—few counterparties. Pumping costs are low, and dumping costs are also low. GPS went straight from 0.00984 to 0.01752 with a terrifyingly steep slope. But once daylight comes, liquidity returns. The operator wants to unload—if nobody can absorb it, you’ll get a big bearish candle.
My plan is to short, not to chase longs. I’ll try a short at the 0.01752 area, with a stop-loss at 0.01820. If it falls to around 0.01538, I’ll reduce the position first. This is my tolerance range.
Whether it can keep climbing tomorrow depends on the opening volume. If GPS puts volume behind it and holds 0.01752, then today is the launch. If it’s another low-volume move and it drops back on shrinking volume, returning to 0.015 is highly likely.
With this turnover rate, does GPS look more like it’s washing the position or distributing?