This week's market logic is very clear—the bears are continuously hunting, and various news factors are also cooperating to push the market down. The overall trend is laid out there. From past experience, after Japan initiates an interest rate hike cycle, BTC and ETH usually cannot escape the fate of a crash; this pattern has almost never been broken.
Currently, with evening data releases and the US stock market's weakness, these two factors together are very likely to become the trigger for a spark. The crypto market always closely follows the rhythm of the US stock market; independent trends are basically a fantasy. There’s no need to dwell on short-term rises and falls this week; just wait patiently for a waterfall decline.
The strategy for ETH is to short in the 2950-3000 range, with targets looking towards 2800 or even 2600.
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Blockwatcher9000
· 6h ago
The short squeeze bureau really hasn't run away, just waiting for this move in the US stocks
Here comes the rate hike in Japan again, every time it hits the market hard, the pattern is too consistent
I agree with the idea of shorting at 2950, but whether 2600 can hold depends on the situation
Instead of entangling, it's better to lie flat. Let's see what happens when the waterfall comes
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BoredStaker
· 12h ago
Here comes the rate hike in Japan again, really hitting the mark every time...
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Short at 2950? Get ready to be trapped by the opposite side haha
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When the US stock market sneezes, the crypto circle catches a cold. What independence are you talking about?
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The waterfall is coming, brothers. Are you ready with your bottom-fishing bullets?
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This week is a do-nothing market, lying flat with eyes closed is the most comfortable
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2600? I bet five bucks it will rebound to 3200
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Always say the pattern is unbreakable, but the next second it breaks. Old tricks.
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Short seller hunt? I just see the bears being reversed and killed
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Evening data is really the fuse; we'll know right away once it explodes
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ReverseTradingGuru
· 12h ago
The Japanese rate hike routine we've played before, same old story every time, we're numb to it.
Another waterfall, huh? This rhythm is all too familiar.
Short at 2950, is this move stable? I always feel there will be a black swan.
Big players are fleeing, retail investors are still sleepwalking.
The US stock market coughs, the crypto circle catches a cold, what independence are you talking about?
Let's just be lazy this week, wait for the crash, and it's all over.
The bear hunting season is here, let's see who can survive until 2600.
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DeepRabbitHole
· 12h ago
Bearish frenzy, let's just lie flat and wait for the waterfall
Both US stocks and Japanese rate hikes—this combo has been overdone and gets boring. It always works
If the index drops to 2950, we'll see if we can catch the 2600 rally's benefit
#大户持仓变化 12.16 Ethereum Market Overview
This week's market logic is very clear—the bears are continuously hunting, and various news factors are also cooperating to push the market down. The overall trend is laid out there. From past experience, after Japan initiates an interest rate hike cycle, BTC and ETH usually cannot escape the fate of a crash; this pattern has almost never been broken.
Currently, with evening data releases and the US stock market's weakness, these two factors together are very likely to become the trigger for a spark. The crypto market always closely follows the rhythm of the US stock market; independent trends are basically a fantasy. There’s no need to dwell on short-term rises and falls this week; just wait patiently for a waterfall decline.
The strategy for ETH is to short in the 2950-3000 range, with targets looking towards 2800 or even 2600.
$ETH $BTC $SOL