I speak human language directly, without all that fancy stuff.

First, let's take a look at this liquidation heatmap overlay trend. This thing essentially says one thing:

Where there are many people, there is danger.

First, let's talk about what has already happened.

ETH has dropped from around 3200, not due to an emotional collapse, but rather a typical high-level liquidation stomp.

You will find that the area around 3200—3150 is unusually bright.

What does this indicate? It indicates that a large amount of long leverage is piled here, with stop losses, liquidations, and forced liquidations all squeezed together.

So the main force did the easiest thing: they stepped down.

No need for bad news, no need for information, as long as the price eases up, the longs will crush themselves.

Now let’s look at the current position.

The area around 2900—3000 shows a clear re-accumulation of heat, and it’s bidirectional.

In other words:

Longs are adding here, and shorts are chasing here.

This is not a trend area; this is a tug-of-war zone.

So remember this:

The brighter the liquidation chart, the less suitable it is for chasing.

Now the key point comes.

ETH's biggest problem right now is not whether it will rise,

but rather that there is no one to take the other side above, and below it won’t let you fall comfortably.

Above, 3100—3150 is still the old liquidation zone,

When the longs rush in, someone will sell to cut losses.

Below, 2850—2880, the density of liquidations begins to thin,

If there is another stomp down, it might instead trigger a rebound.

This is the current state:

Neither up nor down, specifically targeting the impatient.

If you are short-term trading:

Don’t chase the rise, wait for a pullback to the edge of the liquidation dense zone, see if there’s a quick recovery.

That kind of “down and then immediately back up” is what you can trade.

If you are in contracts:

The best solution right now is not the direction, but the position.

Light positions, or even not trading, is better than reaching out randomly.

If you are in spot trading:

This period of volatility is actually prepared for those who are patient.

It’s not meant for you to fidget every day.

Finally, here’s a very practical piece of advice:

ETH is not a trend market right now, it’s a liquidation market.

If you don’t understand liquidation, don’t rush to place orders.

Staying alive is more important than getting the direction right.

I am Uncle Nan, good at short to medium-term contracts, and medium to long-term spot layouts, sharing investment techniques and detailed strategy teaching daily.

#巨鲸动向 #美国非农数据超预期 #美SEC代币化股票交易计划

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