Web3-Yang

Today's thoughts: Trading is simple, but human nature is complicated. When making products and designing products, we are dealing with the evil, greed and desire of human nature. The enemy is not the competitor, but ourselves #以太坊ETF批准预期 #美国大选如何影响加密产业？ #WazirX黑客事件

I came to see what those so-called KOLs who said the bull market was still on, that ETH would reach 7000, and BTC would hit 150000 are saying now. I have emphasized multiple times, many times, that I would rather believe in dogs than in KOLs and so-called traders.

Today I checked the square, and surprisingly there are xx people saying eth7000 and above, btc to 15w. May I ask if these KOLs or so-called xx traders have the minds of elementary school students?

The speech at Binance Square reminds everyone that it can be seen as a novel, don't take it too seriously. Don't take it seriously.

There are mixed reviews about zec on the market. Regardless, I have brought in profits. After all, it is a 'shitcoin' project. When you think the price has skyrocketed beyond reason, just short it directly. No matter what shitcoin it is, it's all the same.

3700 is a pressure point, said to have 870,000 ETH for sale

Current Technical Overview

On the daily level, the data shows that the trend signal for ETH leans towards sell/bearish, and in the medium term (such as daily/weekly) the major moving averages (like MA100, MA200) still show resistance tendencies, which means that to rise, it needs to break through strong resistance.
In shorter time frames (like 1-4 hours), there is some potential for support and rebound, but overall bullish momentum is not strong enough.
Holding key support/resistance levels is important: some analysis indicates that if the support around $3,750-$3,780 is maintained, a rebound is expected; conversely, if it breaks down, the risk increases.

Bull turns to bear. The downward trend has begun, the 4-year cycle has arrived. Another 2 years of enduring hardship is ahead.

$ETH The importance of going with the trend in today's market
The narrative in the crypto market changes very quickly, possibly opening or ending in days, weeks, or even hours. Operating against the trend in short cycles may bring short-term gains, but in most cases, following the market cycle is the wiser choice. Prepare for the next wave of growth.

4 Hour Strategy:
Analysis indicates: ETH has a trend line + horizontal support in the $3,850–$3,900 range.

Support Level: Approximately $3,850–$3,900

Resistance, Breakthrough Level: Approximately $4,220 (recent peak)

Rhythm Reference: If the 4H breaks $4,220 and maintains, the short term may extend upwards; if it breaks the $3,850 support, it may accelerate downwards.

My Trading Tips: Short term (4 hour level) can refer to: If the price retraces to around $3,900 and shows signs of rebound, consider short-term buying; if a breakout is seen, consider reducing positions or leaning towards shorting.

It was said a long time ago that it was already a bear market, but no one believed it. This wave of ETH will reach 1500-2000, and BTC will be around 7000.

Indeed. The incapable A Dou is too trashy.

Less attention to those so-called singles in the square

$ETH Each one is holding a demo account, simultaneously publishing two articles to deceive users. Is it necessary? Who teaches you to make real money?

#内容挖矿 ETH tonight's market may continue to face pressure, showing a trend of fluctuating downward in the short term. Here is the specific analysis:

• Price trend: As of October 22, 8 AM, the ETH price is $3867.88, down 2.74% in the last 24 hours, with a 24H high of $4110.00 and a low of $3840.24. From the 1-hour candlestick chart, after failing to break the 4788 high, ETH has consecutively formed several long entity bearish candles, breaking below the MA5, MA20, and MA60 moving averages, damaging the short-term upward structure, with bears in control.

• Technical indicators: The MACD indicator formed a 'death cross' at a high position, with the fast line decisively crossing below the zero axis, entering the bearish zone, and the green bearish momentum bars continue to expand, indicating that the adjustment in the short term is still not over. Although looking at a longer period, the MACD indicator DIF value is still greater than the DEA value, indicating that medium to long-term bullish momentum still exists, but short-term pullback pressure is significant.

• Capital flow: In the past day, the market showed a net outflow of 23.7 million ETH, among which the net outflow from whale addresses reached 23.01 million ETH, while small and medium-sized investors bought against the trend. This pattern of whales selling and retail investors buying is usually a dangerous signal of a market phase top, and the decisive exit of whales in the short term casts a shadow over the future market.

• Market sentiment: In the past 24 hours, the total amount of liquidation across the network reached $88.09 million, among which the liquidation amount of long positions was $57.47 million, accounting for more than 65%. A large number of long leveraged positions were cleared, and the fear and greed index dropped from the high of previous days to 60, indicating a significant cooling in market sentiment, which will suppress the willingness of new capital to enter and prompt existing investors to reduce risk exposure, thus putting further pressure on prices.

Price Trend Judgment:
Short-term (a few hours to 1-2 days) is influenced by moving average pressures and bearish momentum, likely continuing a volatile downward trend or low-level oscillation.
Buying Suggestion:
If leaning towards short-term trading, the current trend is bearish, and blind buying is not recommended; if for long-term positioning, pay attention to key support levels (such as around 3,800) for stabilization signals, or wait for signs of reversal after the moving average system turns and trading volume significantly increases.

Action Suggestions:
| Conservative | 4,150 and follow up with increased volume | Small position (30%) | Stop loss 4,050, target 4,300
| Neutral | Buy low in the range of 3,980~4,020 | Enter in batches (40%) | Stop loss 3,900, target 4,150
| Aggressive | Current price (4,030) light position trial long 20%-25% | Stop loss 3,950, target 4,150

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🧠 Summary in one sentence

> Based on the current trend, ETH is stabilizing above 4,000, short-term bias is bullish
> If it can break through 4,150~4,200 with increased volume within two days, the rebound is expected to continue;
> Otherwise, it is likely to enter a sideways or slight pullback phase.

The price of ETH has the potential to continue rising after breaking 4050, here is a detailed analysis:

• Technical Analysis: From a short-term technical perspective, the ETH/USD hourly chart previously formed a short-term contracting triangle. If the price breaks through 4075 USD, it may continue to rise. Additionally, key resistance levels above are around 4150 USD and 4200 USD. If these are successively broken, the price is expected to further rise to 4250 USD, 4350 USD, or even higher.

• Market Sentiment and Trend Patterns: Some market indicators suggest that ETH seems to be forming a "bullish flag". This trend usually indicates that after a brief consolidation, it will continue its upward trend. Moreover, the recent ETH price has generally remained above the "weekly average bull market support zone", indicating a potential breakout of the upper channel limit, specifically in the 4450-4500 USD range.

• Fundamental Factors: Ethereum's Pectra upgrade (2025-2026) aims to enhance Layer2 efficiency and data availability, further reducing gas fees, which will drive the adoption of DeFi and AI applications, thereby having a positive impact on the price. Additionally, the approval of the EU MiCA regulations in 2025 and the US SEC for ETH ETFs has injected hundreds of billions of dollars into the market, which is also beneficial for price increases.

However, the cryptocurrency market is characterized by high uncertainty and volatility, and prices may also decline due to various factors such as macroeconomic conditions, regulatory policy changes, and market sell-offs. Investors should make cautious decisions.

News during a bear market is often more valuable than news during a bull market, after all, what is said by a mind clouded by victory is also nonsense, like the recent claims that ETH would reach 7500-1w by the end of the year, such nonsense.

The bear market has arrived. Time to sell.