$BTC This big move in Bitcoin basically took out both longs and shorts. The earlier long position was taken profit and exited directly after reaching the first target, without lingering. Later, when price rebounded to around 65200, the overhead selling pressure was clearly visible, so the idea was to switch to short immediately. A position was added at 65800, with defense placed at 66100. As it turned out, after not much consolidation, price dropped from above 65100 all the way to around 64300, and the short targets were basically all realized. What feels best in this kind of market is not just being right about direction once, but being long when you should be long, short when you should be short, and changing with the structure. Don’t talk about feelings with the market. Followers have already caught more than 700 points. In this round, from taking profit on the long to locking in gains on the short, the timing was basically on point. Markets happen every day. What is truly valuable is understanding when to hold, when to run, and when to flip short to long.#BTC走势分析
$BTC This drop isn’t over yet? After hours of grinding above 65,000 for several days, it still couldn’t truly break through—showing that the sell pressure above has been persistent. This time, the sudden pullback from the high level back to around 64,200 means the short-term lots that chased earlier are starting to take profit, and a clear sell order has reappeared near the top of the range. Right now, we still can’t simply treat this one big bearish candle as an outright trend reversal. More important is whether there will be continuous high-volume selling and a sustained downside follow-through. Don’t focus too closely on the immediate lower levels. The first area worth watching is still around 63,300—this is also the region where trading and switching were happening repeatedly earlier. Go further down to 62,400–62,000; this zone is the more important support at the 4-hour timeframe. If price truly returns here, the strength of the rebound/absorption will be the key. For the price to turn stronger again, it still needs to regain 65,500 first. After that, we can look toward the prior high near 66,900. If it can’t get back above that, then it remains range-bound with repeated oscillations. Volume also needs to cooperate. As the decline begins, if volume shrinks, it’s more likely a shakeout. If there’s continued heavy selling volume pushing downward, only then will there be more room for the correction to expand. Also, this Wednesday the U.S. will release the July CPI. Ahead of the data, risk assets often pull back their positions early, and short-term volatility may keep amplifying. So for now: sell pressure is overhead, and support still lies below. Don’t rush to chase in the middle—wait for the market itself to show direction #BTC走势分析
$BTC The closer you get to the upper edge of the box, the more you shouldn’t rush to chase!!! These past two days, BTC has been consolidating at high levels. Many people see the price slowly inching up and can’t help but chase it. In reality, we’re already getting closer and closer to the previous resistance zone. 64800 is the most important defense level for today’s 4-hour period. As long as price hasn’t broken below it, the rebound structure on smaller timeframes is still intact. Above that, resistance around 65700 and 66900 is also where selling pressure is likely to show up. Now there’s a detail on the chart worth paying attention to: the pullback strength is gradually getting smaller. For most of the time, price can hold in the upper half of the box. This indicates that there’s still support/absorbing demand underneath. Meanwhile, the sell orders overhead are also being digested little by little. #比特币ETF周净流入8.53亿美元 For now, volume hasn’t increased noticeably, so this looks more like rotation and turnover at high levels—it doesn’t look like a genuine acceleration breakout. The closer you get to resistance, the more you need to check whether incremental funds are stepping in to carry it forward. A truly comfortable trading rhythm isn’t to chase in the middle of the range. Instead, wait for it to come near resistance to see if it can be realized/confirmed, or wait for the pullback to hit support and then see whether buyers step in. Only after the 4-hour period breaks below 64800 will the market shift from high-level consolidation into a deeper pullback. The area below 64100—63300 will become the focus zone of the next round. As long as the box hasn’t been broken, both chasing longs and chasing shorts are prone to getting swept back and forth. First, watch whether 64800 can hold. Then watch whether the resistance band from 65700—66900 can truly be absorbed. #BTC走势分析
$ETH It’s been this long sideways—are we about to reverse??? After grinding so many 4-hour candles around 1900, it can’t break through on top for now, but it keeps failing to drop back from below to 1850. What’s hardest is waiting for a deep pullback. That earlier downtrend line has already been left behind. The original pressure zone of 1840–1860 is starting to turn into support. With the W bottom reaching here, it’s no longer just a simple oversold rebound pattern. Recently price has kept changing hands around 1900. Every time it dips, it closes back up, suggesting there is some selling pressure—but there are also plenty of funds willing to pick up shares at low levels. Volume is much smaller than during the breakout phase. This kind of low-volume consolidation looks more like digesting the prior upside move. For now, I don’t see any obvious signs of concentrated distribution. Down below, I’m still watching 1840–1860. As long as that zone holds, the earlier breakout structure remains valid. Above, 1940–1960 is the real area that needs to be chewed through now. If it goes through on increased volume, 2000 will quickly come back into view #比特币ETF周净流入8.53亿美元 . What’s most taboo here is chasing back and forth around 1900—there isn’t much value in the middle of the range. ETH doesn’t need yet another ordinary green candle; it needs a volume-expansion K-line that fully eats the supply near 1950. Once that happens, the chart will look completely different #ETH走势分析
$MU 860 area has already been ground down to the limit; tonight at the open we’re going to see direction!!! Over the past 4 hours, it’s very clear: the first two times it surged above 900 were both pushed back. Recently, price has also been gradually pressed down from around 880, bringing the whole tape back into the lower-middle portion of the range. This isn’t just one-way weakness; it looks more like high-level repeated hand-switching. Around 850—860, there’s been steady support. Above 880—900, there’s been continual selling. For now, bulls and bears are temporarily stuck here. Volume has shrunk compared with the earlier breakout phase, which suggests funds are waiting. What you really need to watch tonight is whether there’s expansion in volume after the open. Once trading starts to pick up, this sideways consolidation can easily be broken directly. Downside first looks at around 850. The truly important support is at 820—840. As long as it doesn’t break, the larger structure will still be a range. Upside first looks at 885—900. Only if it can reclaim that area will there be a chance to revisit the earlier resistance near 918. If 900 can’t hold, any push higher is still likely to get slammed back. Storage itself is already in a high-volatility stage. On top of that, with the U.S. stock market open tonight and external news, MU is very likely to produce a move that first sweeps one side and then goes the other way. Don’t rush to pre-commit to a direction too early here. Whichever side of the 850—900 range gets taken out first by increased volume tonight will basically determine the rhythm. $SNDK $SKHY
$BTC Trading range at a high level—are they using it to lure before distribution??? The 4-hour chart is no longer the kind where it bounces and then gets smashed back down. Price has been staying along the upper half of the trading range. The pullback depth is getting smaller and smaller, and the chip/cost basis is clearly shifting upward. More importantly, in the past, every attempt to push higher was quickly cashed out. Now, the price is lingering at high levels for increasingly longer periods, suggesting that sell orders above are being slowly digested. Trading volume hasn’t entered an acceleration phase yet. At times like this, a sudden surge may not be a good thing—better to move sideways and churn, washing out floating supply; then the subsequent breakout should be cleaner. Recent U.S. employment data has been weak. Expectations for the Fed to continue rate hikes have cooled, and risk appetite in the U.S. stock market has recovered somewhat. This is a relatively friendly environment for BTC in the short term. Next, what truly needs to be watched is Wednesday’s U.S. CPI—this data is likely to become the catalyst that breaks the sideways consolidation. Don’t watch the downside too closely. Focus mainly on the 64000—64500 zone. As long as that area holds, the entire 4-hour consolidation structure won’t be broken. The real major pressure above is still 65500—67000, especially near the prior high around 66900. Only a break above here counts as fully opening up this whole box range. Now the most frustrating part is that it doesn’t break out, yet it also doesn’t give a comfortable pullback. This kind of market usually isn’t directionless—it’s waiting for volume and catalysts to show up together. The longer the sideways move lasts, the more closely you should watch the eventual choice. #比特币ETF周净流入8.53亿美元 $ETH $MU
The $BTC big move is coming!!! The most obvious change over the past 4 hours is that the price has returned to above 65,000 and hasn’t been quickly pushed back down. This suggests that the rebound this time has stronger staying power than the previous ones. In the earlier rounds, when price surged to the highs, there would quickly be continuous sell pressure. Now, price is trading back and forth mainly between 64,800—65,200. Sell orders can still weigh on the market, but it’s not as easy to knock the price back down to the lows again. The most worth watching in this kind of trend is “trading sideways while hugging resistance.” As price gets closer to the upper band, it indicates that the bulls are continuously absorbing the supply above. Volume hasn’t truly expanded yet, so it’s not in the acceleration breakout phase. It looks more like it’s waiting for a fresh burst of incremental capital to directly eat through the upper level. For the upside, first watch 65,300—65,500. This is the most critical resistance in the near term. Only after it’s firmly reclaimed will the 4-hour room open up further. For the downside, first watch 64,800—66,4500. If the pullback can still be reclaimed, it would mean short-term strength hasn’t been broken. A deeper support lies at 64,200—63,800. What to fear most right now isn’t the sideways action itself, but that many people get worn down and lose patience. They only start chasing once the breakout happens with real volume. This round of the BTC has shifted gradually from “rebound repair” to “accumulating strength at the high end.” Next, we just need to see when the resistance at 65,500 is officially taken out.
Stop talking about what high-leverage this and that. If 3000U really wants to reach 50,000U, the first thing is to delete the words “go all-in to turn the tables” from your head. Most people, when they get a small amount of capital, their first reaction is to go heavy—high leverage—thinking they can build the principal in one shot. If you’re lucky, 3000U might quickly jump to 10,000U. But once you start getting inflated, the next trade can give back everything you made before. It’s not that you can’t make money—it’s that you simply can’t hold on. I’ve been doing contracts for so many years. The only rules I’ve truly followed consistently are five. First: split your资金. You can’t dump all 3000U into contracts. Put only part in to test and troubleshoot. The rest stays for the main trend and a backup position. That way, if you get it wrong, you still have the next chance to take action. Second: only trade the market you can understand. No ranging, no back-and-forth chop. If the structure isn’t clear, wait. At most two trades per day, within your plan. If your entry position hasn’t arrived, no matter how hot the行情 gets, don’t chase. Third: cut losses immediately. Before opening a position, decide the stop loss in advance. If it triggers, you leave. Don’t add to losing positions. If you get two wrong trades in a row, stop. Don’t think about using the next trade to “rescue” the previous mistake. Fourth: take profits out. As the account grows by a certain amount, withdraw part of the profits. Numbers on the screen don’t count as truly earned—only the money you leave the trading account is what you’ve genuinely kept. Fifth: let profit carry the greater risk. The principal always stays in the back. Only profits that you’ve already made and locked in are allowed to gradually increase your position size. You can add size, but per-trade risk must never get out of control. Earlier, there was a brother who restarted with 3000U. The first month progressed slowly. There were several times he wanted to just go all-in with heavy risk and take a big hit: #灰度撤回三只山寨币ETF申请 . Later, once he kept these five rules, the account slowly climbed to 50,000U. No single trade is a “god trade.” It’s just repeated consistency—doing things the right way, not getting reckless. Don’t complain that splitting positions is slow. Don’t complain that stops are “too timid.” And don’t complain that withdrawing is a hassle. Usually it’s these most unremarkable actions that leave the gambler behind, while sending the real trader forward. #伊朗任命拉扎伊为国安会新负责人
$BTC Don’t be fooled by this sideways move—chips are being shifted upward!!! The most obvious change over the past 4 hours is that the pullbacks are getting shallower; price has started trading along the upper half of the range, indicating that the capital focus is moving upward#比特币ETF周净流入8.53亿美元 Previously, whenever price touched resistance, it was easy to get quickly pushed back; now it’s more about repeated switching at higher levels. Sell orders are still there, but it’s already difficult to push the price back down to the lower levels in front At the moment, the BTC has been ground back to near the top edge of the range. Above it, there’s still a batch of locked-in positions that need to be digested. For the short term, back-and-forth oscillation is completely normal#BTC走势分析 Volume hasn’t truly expanded yet, which suggests this area is more about turnover rather than an acceleration phase. If later you want to open up more upside room, you still need to see whether incremental capital comes in The area below 64300—64600 is the current relatively important support/consolidation zone. If this holds, the oscillation center of gravity will keep moving upward The range above 65200—65800 is still the main resistance. Only after a breakout with volume and it stabilizing will the whole range be considered truly opened Over these days, it might look like there hasn’t been much big movement, but in reality the market has been gradually getting stronger. Sideways consolidation isn’t scary—the danger is not understanding the chip movement behind the consolidation $TUT $HYPE
$BTC The box hasn’t broken yet, but the multi-heads have already started to exert strength!!! The recent lows have been rising consecutively, and the single-sided downward structure in front is slowly being repaired #比特币ETF周净流入8.53亿美元 In these days, even though there hasn’t been a continuous big bullish candle, the price has kept grinding upward along the trading range. After pullbacks, it can also quickly rebound; the buy support underneath is clearly stronger than before Now BTC has returned near the upper edge of the box. This is also the area where a relatively large cluster of trapped positions is concentrated. It’s normal for the short term to show repeated fluctuations #BTC走势分析 The volume currently is in a mild recovery phase—nothing like a clear breakout with accelerated volume yet. This suggests capital has started to enter, but the chasing momentum hasn’t fully opened The key support area below is still 64300—64600. If you hold the pullback there, the structure of rising lows on the 4-hour chart won’t be broken The main resistance overhead is 65200—65800. This zone has been pressed several times; only after genuine volume picks up and it’s eaten through will the box be considered truly opened upward The most critical change on the chart right now isn’t how much it’s risen, but that every pullback is higher than the previous one. The shorts will find it increasingly hard to push the price back down to the earlier lows The box is still intact, and the consolidation hasn’t ended. But positions and structure have begun to tilt toward the bulls. Next, it’s a matter of when this layer of resistance near the upper edge will be truly absorbed
$BTC There is no big bullish candle, yet the structure is getting stronger day by day!!! After the 4-hour chart stopped falling around 62,300, the lows have started rising continuously. The earlier weak downtrend structure has been broken These days the market has been moving in a grinding way—no consecutive big bullish candles. Instead, it’s being pushed upward step by step. This rhythm indicates that the support underneath has been continuously there Now the price has returned to around 65,000 and has reached the repeatedly suppressed area from before. There are still quite a lot of trapped positions above, so short-term consolidation is definitely unavoidable Trading volume hasn’t shown any obvious expansion yet, which means it’s still in rotation/turnover here and hasn’t entered the true acceleration stage Next, focus mainly on the 64,300—64,600 zone. If the pullback can hold there, then the 4-hour structure that keeps raising the higher lows will still remain intact Above, 65,200—65,800 is still the most important resistance zone of this whole move. Whether it can break through will determine whether the market continues to just range or opens up new space This type of market is the most afraid of chasing back and forth—when it rises a bit you chase longs, and when it dips a bit you panic The 4-hour chart is no longer the one-way weak setup from before. The next question is whether this round of consolidation can slowly digest the overhead supply The truly big trend often emerges from this kind of frustrating, grind-it-out market
$MU This wave of “V” reversal… and it’s been smashed back to the starting point?! The low earlier was around 706, then it surged all the way above 920, looking like a complete reversal. But at the high level it kept facing pressure, and was quickly smashed back to around 820. This shows that there is indeed support and absorption at the low end, but the trapped-position sell pressure above 920 is heavier. The earlier rally was more like an oversold rebound repair and hasn’t yet reversed the overall weak structure. Now price is consolidating around 815–825. Downside volume is beginning to shrink, and there are signs of stabilization in the short term. However, there isn’t a clear surge in buying interest either—so for now it looks more like low-level consolidation. For the upside, first look at 840–850. After it can regain and hold above that level, the rebound will have a chance to further probe 880–900. The rebound has always been capped below 850, indicating sell orders overhead are still there. The 820 area will continue to be tested and re-tested. If 820 breaks down, the next support zone to watch is 780–800. The previous low at 706 doesn’t need to be guessed too early. Chasing a short position while hugging support is uncomfortable, and going heavily long to bottom-buy without confirmation is also lacking. First, see whether 820 can hold. Then see whether 850 can be reclaimed. Until the range actually breaks out, don’t treat a single small rebound as a trend reversal. $SNDK
$SKHYNIX Breakout’s pullback—still a fake breakout??? Earlier, price was pulled up from 884 to around 1190. This was the first time it truly broke out of the descending channel, and the short-seller structure was indeed torn open. After pushing higher, however, it didn’t continue with increased volume. Instead, it moved sideways around 1090, which suggests the overhead trapped-sellers are still being released, while the bulls are also retesting the breakout’s support and acceptance. Now the most critical area is 1060—1080. This is both the upper edge of the channel and the dividing line for whether this rebound can keep going. If the pullback holds and volume continues to contract, it indicates sell pressure is weakening. This breakout is likely valid, and there may be opportunities later to retest 1120—1140. Only if 1140 is truly taken will there be资格再次冲击1180—1200, and the earlier highs will come back into focus. If price drops back below 1060 and still can’t recover for a long time, then be careful about a fake breakout. Price may return to 1020—1040 to look for support. Right now, it’s not suitable to see a pullback and immediately assume bearish. And it’s also not wise to blindly chase longs just because a breakout happened once. The channel has been opened. What matters next isn’t just how fast it rises, but whether near 1090 it can truly turn the previous resistance into support. $SNDK $MU #亚马逊将2026资本支出上调至2200亿美元
$SNDK Big bullish candle can’t save the downtrend structure either!!! From around 972, it was violently pulled up to 1390. It looks like the short side got stomped through, but in reality, every time the price touches the downtrend line, it immediately turns back—showing that this big bullish candle is more about repairing the previous decline, not that the trend has actually reversed A truly strong move: after breaking out, it will turn resistance into support Right now SNDK is the opposite. After running up, it drops back down to around 1216. The chips left behind from the earlier rally are starting to loosen, and the buyout/covering positions above are also taking advantage of the rebound to run out The 1280—1330 zone has already turned back into resistance. If it tries to push through here again, and the volume can’t keep up, a high-and-turnaround is very likely to happen once more The bigger issue is around 1400. The downtrend line and the earlier dense consolidation zone are stacked together there. Unless this “wall” is absorbed, no matter how fast it rises, it’s only a pullback inside a channel For the downside first, keep an eye on 1180—1200. If that holds, the market can continue to digest the sell pressure sideways, and then look for chances to fill the gap upward If this gets broken through, the rebound structure will cool down significantly. Around 1100 is likely to be tested again One big bullish candle can change sentiment, but it can’t change the structure For SNDK to truly turn things around, first let price lift the recent highs, then step the downtrend line under its feet. Otherwise, every time it violently rallies, it may just be opening the door for trapped positions to escape $MU $SKHYNIX
$SNDK Declining channel—hasn’t it finished yet??? Earlier, it bounced back from 972 up to around 1420. It looked like a V-shaped reversal, but the moment it touched the upper edge of the descending channel, it was hammered back to 1216. The structure has already written the answer on the chart. This rally is more about repairing the gap left by the prior big crash. In the short term, sentiment has indeed warmed up, but the major-level highs are still shifting downward, and the downtrend hasn’t truly ended. Above, 1280—1330 is the gap zone left by the rapid selloff earlier. It’s also the easiest place for trapped positions to get realized—where sell pressure may concentrate. Only if the rebound can re-establish itself above 1330 will there be a chance to challenge the trendline near 1400 again. Only when this line breaks upward on strong volume will it count as the downward structure starting to loosen. For the downside, first look at 1180—1200. As long as this holds, pullbacks can still be judged as normal rotation and turnover. There’s still a chance for price to fill the gap again. If it breaks below 1180 and can’t get back up, it means this rebound has begun to fade. Then around 1100 is likely to face renewed testing. The easiest thing to get fooled by is seeing a move up several hundred points from the lows and immediately treating the oversold rebound as a trend reversal. Gaps can be filled, and resistance can be tested—but as long as the descending trendline hasn’t been convincingly smashed open, anyone shouting “bull market” could end up buying the trapped supply from above!!!
$SNDK The rebound is so strong—who can’t sit still again??? When it fell earlier to the bottom of the channel, the market was asking whether it would keep collapsing. Now it has been pulled back to around 1360 in succession, and people are starting to worry about missing the entry and getting left behind. Structurally, around 975 has already formed a phase low. After that, volume picked up and price pulled back to close back above the short-term moving averages. The earlier one-way selloff has been temporarily interrupted. But the larger-level downward channel hasn’t been broken yet. Price is currently pressing right against the upper edge. The area from 1388 to 1440 is exactly where the short-sellers’ defense is most concentrated. If you chase here, price will first hit resistance on the way up, and on the way down there may still be room to fill gaps. The location isn’t as comfortable as at the true bottom. If the short-term pullback toward 1300 doesn’t break, and after the trading volume completes a turnover, there could be another push higher. Only a breakout with volume above around 1440 would count as a genuine shift to strength. Since it can’t break through the channel after repeated attempts, price has dropped back toward the 1250 area. The gap left by the earlier rapid rally may continue to get repaired. The recently released PCE has cooled, which is supportive for sentiment in tech and memory. However, the Fed still maintains a relatively hawkish stance, and the risk of oil prices being pushed up due to the Iran–Israel situation hasn’t disappeared. The macro environment will likely keep swinging. Earnings are also coming up on August 5. There won’t be a lack of volatility ahead. If you’re already positioned near the low, protect your profits. If you’re still in cash, don’t think you can suddenly rush in just because you see others making money—comfortable positions are never something you rush for.
$SNDK low position, not daring to take it now—so everyone is trying to chase it now??? SNDK quickly pulled back from around 975 to the 1360 area. The 4-hour lows have been consistently rising, and volume has also clearly expanded. In the short term, it has switched from one-way decline to an oversold rebound. Previously, it kept moving along a descending channel. Now it has just reached the upper boundary of that channel. At the same time, it is hitting the dense trapped-supply zone after a prior breakdown—this is the real test area for the bulls. First, look at 1388 to around 1440. If it can see increased volume and hold above the channel’s upper boundary, this rebound may have a chance to upgrade into a structural reversal. After that, watch resistance around 1500. Since it can’t break through for a while, the price is likely to first pull back toward about 1300. If it holds—indicating strong rotation—then rebounds. But if it slips back below, be careful about the risk of a quick rally and the gap around 1250 being filled. This move surged from the low too fast. The hands in the middle haven’t exchanged sufficiently. Chasing money that enters in the resistance zone is likely to get shaken out by an initial pullback. On the news front: with PCE cooling, risk assets get some breathing room. However, the Fed still maintains high interest rates. The situation between Iran and the US may also push oil prices and inflation higher again, so the market still won’t fully relax. The bigger variable is the earnings report on August 5. Before the report, volatility will likely continue to expand. Your long positions from the low are already profiting from this leg. Now it’s more suitable to protect gains. Don’t get carried away suddenly under channel resistance—either wait for a confirmed breakout before following in, or buy on a pullback to support. That’s the comfortable setup. $MU $SKHYNIX #美股开盘走高存储股反弹
$SNDK Who should chase longs from here??? Yesterday, at the bottom of the declining channel, I asked the internal followers to set up long positions. The target was around 1388—1440. Now the price has already risen continuously from the lows, and the positions entered early have already captured a large part of the move. On the 4-hour chart, after bottoming around 975, price formed a V-shaped rebound, continuously reclaimed short-term moving averages, and a strong volume-backed bullish candle interrupted the previous weak structure of lower lows. But now we’ve come to the upper edge of the descending channel. The prior breakout zone is also located here. There’s significant resistance in the 1388—1440 area. Chasing longs at this point isn’t the same risk-reward as entering from the bottom. Those holding long positions can continue holding part of the position. Gradually take profit as price approaches resistance. For new positions, don’t see a rise and rush in—first wait to see whether this trendline can truly hold. On the downside, first look around 1300. If it pulls back and holds, the structure still has a chance to break upward further. If it loses that level, it’s easy to fall back toward the 1250—1220 area, filling the trade “liquidity gap” left by the sharp rally earlier. This isn’t a traditional gap; it’s more like chips (positioning) haven’t fully rotated and exchanged hands. Recently, Microsoft’s AI capex expansion continues. Samsung has also released signals that storage supply may stay tight, which helped drive a collective repair in SNDK, MU, and the storage sector. However, one big bullish candle alone can’t directly confirm a trend reversal. SNDK will report its Q4 and full-year fiscal results after the close in the U.S. East time on August 5. Market expectations are already very high. Good earnings don’t necessarily mean the stock will rise; what really matters is whether the guidance can continue to beat expectations. You can hold a bottom early entry, but don’t chase near resistance. It’s not late to enter after a breakout and a pullback. Don’t turn a comfortable low-price long into a high-level bag-holding position. #存储板块 #Citadel折价接盘SituationalAwareness持股 $MU
$BTC Things were just starting to show improvement, and then they got smashed back down again??? The earlier big push lifted slowly from a low level—good thing it finally returned to the strong zone. But a single fast selloff drove the price back into the original consolidation range. The chasing long funds are basically trapped above there. The most obvious change in this pullback is that the rebounds are getting shorter. Every time the price approaches the moving averages, it runs into selling pressure. In the short term, it’s shifted from aggressive accumulation to trimming on rebounds. Around 64,100 is still the line that matters for today. If it can quickly reclaim it, there’s still a chance for the market to test near 65,700 again. Only with continued volume can we look toward the 67,250 area. If it can’t get back up, then the prior breakout looks more like a bull trap. The area around 62,800 will be the first place to be tested. Below that, the range from 61,500 down to around 60,000 is where a more valuable dip-buying opportunity is likely to form. The just-released PCE has cooled somewhat, but inflation is still above the Fed’s target. The rate meeting also had three officials supporting further rate hikes. The market has only gotten a brief moment to catch its breath—not a full shift toward easing. Chasing shorts is now getting close to support. Blindly bottom-fishing lacks clear confirmation of a reversal. Wait for the answer around 64,100—don’t let this middle stretch of chop grind away your position. $ETH $HYPE