This Ethereum trend right now...
Feels a bit familiar, yet somewhat sinister.
Is it trying to replay the last act? Charging to a high position, staying flat for a day or two, giving everyone the wrong impression: "Oh, it's stable now, it's about to take off!"
And the result?
As soon as you enter a long position, the market maker kicks it down, leaving you with no reason to explain.
The current market looks like this: the rebound seems strong, and the candlestick patterns are beautiful as if they are set to continue skyrocketing, but this kind of "too smooth" trend is often just to lure people in and then slaughter them.
The longer it stays at a high level, the more it indicates that the market maker is waiting for retail investors to make foolish moves.
This wave of emotions is very typical: if you don't chase, it grinds slowly;
If you do chase, it immediately turns back and gives you a heavy blow.
So don’t be fooled by the current rise; if you act impulsively,
It can take you from hesitation → optimism → excitement → being trapped, all in just three candlesticks.
