This week the market is on hold.
And when the market is waiting, most traders make the mistake of forcing trades. They jump in the middle of the range, without direction, and then wonder why their stops get taken out.
What's really happening with $ETH right now:
We've been bouncing off $1.504, the absolute bottom of this bearish cycle, for days. Every time the price has touched the liquidation zone, it has bounced back. We've had four winning trades this week using exactly that pattern. Not because we're super smart, but because we know how to read where the institutional money is trapped.
But this week, there's something different.
On Wednesday, the US CPI is coming out. May inflation. The most important data of the month for the markets. If it comes out above expectations, the Fed stays hawkish and crypto takes a hit. If it comes in line or better, the pressure eases and we get a rally.
Until Wednesday, the market isn’t going to make any moves. Institutions won't act before such data, and neither should we.
There are two things to do this week:
One is to trade the short ranges within 1.649 - 1.723 if the on-chain data confirms it. Clean scalps of 20–30 points, with no ambition, no FOMO.
The other is to prepare for the big trade post-CPI. If the data is good, $ETH has real potential to move towards 1.820. If it's bad, the buy zone drops to 1.600. In both cases, there’s opportunity. You just have to know how to wait.
Patience isn’t about doing nothing. It’s knowing exactly what you’re waiting for and being ready when it arrives.
This week the market will give us a clear signal. When it does, we’ll seize the opportunity.
And when the market is waiting, most traders make the mistake of forcing trades. They jump in the middle of the range, without direction, and then wonder why their stops get taken out.
What's really happening with $ETH right now:
We've been bouncing off $1.504, the absolute bottom of this bearish cycle, for days. Every time the price has touched the liquidation zone, it has bounced back. We've had four winning trades this week using exactly that pattern. Not because we're super smart, but because we know how to read where the institutional money is trapped.
But this week, there's something different.
On Wednesday, the US CPI is coming out. May inflation. The most important data of the month for the markets. If it comes out above expectations, the Fed stays hawkish and crypto takes a hit. If it comes in line or better, the pressure eases and we get a rally.
Until Wednesday, the market isn’t going to make any moves. Institutions won't act before such data, and neither should we.
There are two things to do this week:
One is to trade the short ranges within 1.649 - 1.723 if the on-chain data confirms it. Clean scalps of 20–30 points, with no ambition, no FOMO.
The other is to prepare for the big trade post-CPI. If the data is good, $ETH has real potential to move towards 1.820. If it's bad, the buy zone drops to 1.600. In both cases, there’s opportunity. You just have to know how to wait.
Patience isn’t about doing nothing. It’s knowing exactly what you’re waiting for and being ready when it arrives.
This week the market will give us a clear signal. When it does, we’ll seize the opportunity.