$ETH $BTC As expected, anything is possible before something is completely settled. Last night before going to bed, BTC and ETH suddenly dropped below the day's new lows; ETH broke 1870 but quickly recovered. I was really happy at that moment, quite surprised, but after breaking for a while it bounced back. I even proudly thought it would break 1870 again, but who knew after waking up it returned to my cost price again. Back to the narrow range of 1870 to 1900, just 30 points ☹️ My entry point for this trade was indeed not good; I entered irrationally due to emotional reasons. Now the price keeps fluctuating around my cost price, which feels a bit uncomfortable. I see BTC's 1-hour candlestick looks like it's going down stairs, but Ethereum doesn't; its trend is more sideways and hard to judge. Let's just watch which side ETH breaks through during the day. After the breakout, the most important thing is whether it can hold steady. The kind of break-and-immediate-V-recovery like last night should be treated as a false breakout, no need to pay attention to it, it doesn't represent the trend direction. $ETH

$ETH $BTC No way hhh, this is too unexpected, I just posted at 36 minutes, and at 38 minutes it directly broke 1870? What’s going on with Bitcoin and Ethereum. The surprise really came, even earlier than expected!! I can sleep peacefully now, this is so happy, turning an unstable factor into a stable one right before bed. But I don’t know if this is a fake breakout, so I can’t be happy too early, anything is possible. After all, extreme joy can lead to sorrow. This time I’m really going to sleep, not watching anymore. If after waking up it falls below 1850 and can stay stable below, then this trade is pretty safe! Then I can gradually look at the take-profit price, and deal with the rest during the day. Wish everyone sweet dreams $ETH

$ETH $BTC is showing a wavy〰️ pattern again today, going up then down, with the range getting smaller and smaller. Ethereum has now shrunk between 1870 and 1900. Bitcoin is a bit stronger today. Today it tried to break down 3 times, each time stopping the fall near 1870, and on the upside, it also braked twice near 1900. It's just grinding; this kind of situation really tests one's patience. Anyway, with the range getting smaller, it means it's getting closer to a breakout. That’s probably a good thing. On the other hand, if the price fluctuates widely within a large range, it might mean a long period of consolidation. Looking at the weekly chart, it’s quite flat, straight. My intuition tells me that by next week at the latest, Ethereum should break out of the big range between 1850 and 1950, and things will be much better then. Right now, it looks like a downward trend. Let’s see if it can break 1870 tonight and if there will be any surprises after waking up $ETH

$ETH $BTC keeps fluctuating up and down again and again. This Monday, Bitcoin and Ethereum dropped quite sharply. I thought there would be a good direction and market this week, sigh. But indeed, it hit the brakes again at 1850. This level is a very strong support. If it breaks through this price, the direction will most likely open up. However, this trend still can't and doesn't want to fully open up. The range is roughly between 1850 and 1940. Personally, I think the bulls and bears are too evenly matched right now, the strength is too close, so the situation can't be resolved. At present, I still want to keep my view unchanged, stay firm, and not waver for the time being. Indeed, this kind of up and down fluctuation within the range is just volatility and does not represent a direction. The longer it moves sideways here, the harder it is to say, and the direction will become very unclear. It's like a heavy rainstorm that has already poured heavily for a while, then the rain starts to ease up. Does that mean it will definitely stop afterward? Maybe after some time, it will pour heavily again. $ETH

$ETH $BTC I also noticed something: many people, when they see Green Hair or others holding hundreds of Ethereum tokens heavily, their first reaction is to think about doing the opposite. To trade against them. They always believe that those with very heavy positions will definitely get liquidated, thinking the market is deliberately targeting their positions. How could that be? Even if Bitcoin and Ethereum have no physical backing, their market caps are there, and their capacity to absorb trades is much larger than we imagine. Is it possible that the market just naturally moves that way, and anyone who is right gets rewarded? And if someone with a heavy position is wrong and gets liquidated, it’s just incidental? The trend doesn’t specifically target any individual. What looks like a large position to us might be just an ant-sized position to them. So when trading, whether going long or short, be firm. Don’t let seeing someone with a heavy position affect your judgment, thinking the market will deliberately liquidate them or something like that. It really won’t! But many people feel that Green Hair, who holds a heavy Ethereum position, basically never got it right. Could it be that he was just wrong from the start, rather than the market deliberately targeting him? I used to think that way too, but now I realize that kind of thinking is really foolish and naive. $ETH

$ETH $BTC has bounced back, hey, never regret shorting, only regret being overwhelmed by yesterday's lingering emotions which caused me to short too early, entering at 1890 was too early, I didn't wait for the real drop to come. Clearly, it was still oscillating upwards, during the sideways movement I directly chose to enter, last night's memories are lingering in my mind today, all I could think was if I don't enter now it'll be too late, I'll miss out again, so I entered hastily. Actually, the market always gives opportunities, it just depends on whether you dare and whether you seize them. But after entering, I really feel a sense of peace, at least I'm back on the train, and I've always been pretty confident about the big direction of this train, it's just that the road will be quite bumpy. Because the crypto space is like this now, the big trend for Bitcoin and Ethereum is that the downtrend hasn't stopped, I really feel the downtrend hasn't fully ended, stabilizing will definitely take a long time. The market will never fear us bottom-fishing, because even if we really bottom-fish, what happens? Usually we take a little profit and run, it's hard to hold through a bull market. It's too difficult. So the price can fall to any level, what's important is the trend, not the price. In my opinion, before the downtrend is truly broken, going long definitely requires caution. $ETH

$ETH $BTC Damn, I shorted too early, feeling a bit uncomfortable, last night's mood affected me too much, and today my mind is full of trying to find a chance to buy back. I've been thinking if I can buy back now. I didn't consider the trend at all; it's clearly still oscillating upward, but I didn't have the patience to wait for the short signal to form. My inner expectation was a high of 1910. Damn, if I enter now, that would be perfect of the perfect. Then I guess I won't be able to sleep happily tonight. But life is full of regrets, forget it, I really can't be zero-tolerance with myself, I'm not that great. If I don't enter, my heart keeps itching. I'm too scared it will just drop straight down like last night. Alright, alright, I can't keep dragging this out, dragging it out is really a bit of a mess, I'm honestly a bit at a loss. Once I open a position, I rarely run away easily, which is one of my biggest flaws. But sometimes that might also be a strength, 🤔, hard to say hh $ETH

$ETH $BTC Finally entered a short position, the short order has been taken back, I'll just get stuck for now. I finally did it, just consider it a continuation of the previous trade's result, no longer worrying about a few points, how could I possibly short at the highest point every time, no way. I'll just treat my cost as still 1940. Anyway, as long as Ethereum doesn't break 1910, I won't panic. I have a very long-term view below. Now the rebound to 1900 is so tough, I’m even less worried. After entering steadily, the rest can be dealt with later. I'll observe Ethereum as it moves. If it really breaks 1910, then we'll talk about it then, haha. The CPI volatility tonight should be bigger than the non-farm payrolls, let's see what happens. At this point, if opening a new position, it's better to wait a bit more, don't be so hasty. Mainly, not taking back my position is mentally torturing me, and I've already taken a hit from 1933 to 1867, just consider it a profit giveback, it's different. $ETH

$ETH $BTC Right now, BTC and Ethereum are separating too much. Ethereum is almost back to the price level before last night's drop, while BTC is weak as hell, only bouncing back a little bit. This makes things really difficult. BTC's downtrend is looking great; those shorting it have no emotional swings at all, steady as can be. But Ethereum feels a bit unpredictable. Still, just refer to BTC for the big trend. The overall direction will definitely resonate, just the gains will differ and the pullbacks will vary. Today, Ethereum must be brought back, unless it can break through 1910 today, then shorting might not be appropriate. At the latest, wait until after the CPI release, otherwise it’s too mentally taxing. I don’t want to waste energy anymore. If I’m wrong, I’m wrong. Losing a few points of sesame seeds to save dozens of points of watermelon really isn’t worth it, hey $ETH

$ETH $BTC I'm so frustrated, why is this happening? Why has Ethereum been sideways at 1890 for so long? Clearly, it looks like the upward correction is ending, and it's very likely to drop. I've set my positions several times, but I just can't bring myself to click the short button. It's really painful, I'm so annoyed right now. I clearly exited at 1876, so I can just treat it as buying back at a high price, as if I didn't close the position yesterday, lowering my cost by 15 points. What a good thing. Why am I so afraid to enter and take a loss? I could go from a 500u profit to almost breaking even, but my inner feeling isn't as strong as it is now. What's the reason? I clearly took a 550u loss after exiting yesterday. If I really entered, at worst I'd just give back some profit. What's the psychology behind this? Why am I just too scared to enter? It's unbearably painful, I'm about to break down $ETH