Regarding the recent trend of Ethereum, there are several factors that deserve serious attention.

First, it is important to clarify one point: if you are still doing swing trading, it might be time to consider taking profits. Rather than putting your limited capital into infinite risks, it is better to be more cautious.

How will the upcoming market trend? It depends on the changes in liquidity. The US stock market is about to enter a holiday period, what does this mean? In the absence of traditional funding support, the main players in the market will become robots and retail investors.

In this environment, the trading logic will change significantly. Market participants mainly rely on pre-placed orders for pricing—placing short orders at high positions and long orders at low positions, continuously engaging in high selling and low buying operations. This often leads to the market being trapped in a doji pattern, with candlesticks oscillating repeatedly within a certain range.

Of course, there is another possibility: the so-called Christmas massacre market may occur, but from a probabilistic perspective, the likelihood of this happening is relatively low. The greater possibility is still to experience one or two spikes, and then the market will recover.

Therefore, it is recommended to prepare plans in advance, ready to place multiple orders at low levels, and to respond calmly when the Christmas market arrives.