Can this market still allow retail investors to celebrate the New Year?
Right now, it's not a one-sided market; it's institutions harvesting the positions back and forth.
With every sell and buy, the price hardly moves, but what disappears is your position.
If Mahji had gone long and short on ETH this time, they would have made a fortune long ago.
The technical analysis is very simple:
If ETH breaks below 2900 and doesn't recover, it's looking at 2716–2778.
Strong downward pin, clearing liquidity before pulling back, only then does it have short-term long value.
This morning's fake break below 2892 has already given a signal,
For those who went long in the morning, exit at 2970–2974 directly, don't hold out for the pattern.
The biggest illusion in a bear market: you think the decline is limited.
LUNA and FTT thought the same back then.
SBF also thought the drop wouldn't be deep, so what happened?
A whale buying does not equal market consensus,
If no one is lifting the weights, having more money will still lead to a crash.
Three Arrows will go bankrupt, Lehman will fall,
It indicates one thing: the market never respects beliefs, only respects risk control. 😅#加密市场观察


