$ETH I am writing this post with a heart full of gratitude. I have never placed myself on a high pedestal; I am just a very ordinary person. Binance provided me with a platform, and with some good luck, I became a moderately successful KOL in the square.
Actually, from the beginning to the end, my purpose or goal has always been to bring some ideas to everyone, to provide some flashes of inspiration for trading. I haven't really been as arrogant as I jokingly call myself the 'God of Ethereum'; it’s just for fun and to attract some attention.
Entering at the 2950-3000 level and now at 3700, I actually told everyone at 3000 that the future outlook for Ethereum could be very clear and thorough. This wave really feels like I helped all my friends make a significant profit, and I wanted to help everyone double their capital. So, I initially told everyone to aim for an Ethereum profit of 800-1000 points. Completing this trade would help everyone double their funds!
Now that the timeline has progressed to the present, for those who entered with me, the target of 3700 has been reached. Basically, every brother or comrade (like-minded individuals) has gained almost 2000% profit, and most people’s total capital has doubled. I kept posting to encourage everyone to hold on and not to be afraid. Now your funds have doubled, and you’ve achieved profits you’ve never seen before!
I also admire those who held on; actually, being able to hold on, in my eyes, you are the God of Ethereum!
I am very grateful to everyone. I am very happy and excited about this wave. What makes me happy is not that I made money, but that everyone made money and earned significant profits. I hope everyone remembers this feeling and never forgets it!
Total capital has doubled, and profits of around 800-1000 points have been achieved. I’m not bragging. As for the big cake in hand, I will help you double your funds again!
$ETH Next, it will be necessary to look for opportunities to do ETH and HYPE. For ETH, achieve the goal of 1400 that hadn’t been reached before; for HYPE, find a position to reach 49.
$BTC Before Bitcoin and Ethereum had fallen to 1500 and 59000, my view of the market was always that we should only look for bottoms below 59000 and below 1500, and that’s where to place bids. After experiencing six straight days of rally from 7/1 to 7/7, many people started thinking that July is once again another “golden month,” that the market has already reversed, and that a bottom has been formed. Some even believed the bull market is already here. But that’s not the case. At the moment, the market is still moving more toward a bearish trend. And I believe the larger downturn hasn’t started yet—especially for Bitcoin. During this period, starting to position for bottom-fishing is extremely unwise. Put simply, you’ll still need to set up short positions. With a simple example using 100x leverage: going forward, both Bitcoin and Ethereum still have 25x to 30x worth of potential profit space, and this is the most conservative, lowest guaranteed standard. So right now, you should figure out a level to open a short position. For Ethereum, the lowest standard target is under 1400. For Bitcoin, the lowest standard target is 49000. As for where the true bottom will be, we also have to wait until these two “brothers” break below 1400 and 49000 before thinking about that.
Of course, many people will think it sounds a bit far-fetched, but time will prove everything.
$ETH Looking at the ETH and BTC charts, you can really see we've entered a bit of a dead zone again, right after that drop, it's all about sideways consolidation. ETH fell from 2420 down to just over 1500 during this range-bound action, and honestly, no one knows how long this consolidation will last or how high it might bounce. Trying to trade this range, just like I did before, whether you're going short or long, you'll just get wrecked by the daily candlestick fluctuations. The smart move is actually to step back from this range and save your skills for the next trend.
Another point I want to make is that I really don't know where the bottom is, but the daily MACD is clearly about to flip bullish, and with that kind of formation, the chances of a bullish move are pretty high. Even if it's just a small upward adjustment of 200-300 points, you might find it hard to handle if you open a contract.
However, I personally still believe this is just a correction after the downtrend, and the overall trend direction remains bearish. It's just a matter of being patient and waiting for the right time and setup.
It's been over three months, I've really been waiting for over three months. Ethereum dropped from 2360 to 1600, and I even shorted Bitcoin at 80000 down to 60000. At this stage, it looks like we might face another long period of consolidation, so I'm skipping the chop and waiting for the transition from bear to bull market.
Throwing shade won't make you stronger; a ton of pressure and staying calm will.
As I've mentioned in the livestream, I'm just waiting for this upcoming dip-buying opportunity as the bear market shifts into a bull market. During this wait, I'll share everything I know through the livestream, and maybe you'll gradually grow into a trader you can be proud of.
$BTC When you're holding BTC and ETH, if you see prices around 1450-1500 for ETH or BTC near 55000, don’t liquidate everything. Close out 95% of your position and keep 5% as a moonbag. You might want to add to that moonbag later to short a bit.
$BTC If BTC breaks below 70,000, we're definitely gonna see it drop under 60,000. Feels like ETH is holding up a bit better, but it's just waiting for BTC to move first. Once ETH and BTC print new daily lows on the candlesticks, that's when we'll get some serious opportunities to scoop up assets at multiples.