The hexagram says: "Wind comes from fire, Family. A gentleman acts with substance in speech and persistence in action." Wind is above, fire is below; wind helps the fire to spread but requires fuel to continue, symbolizing internal order and the way of perseverance. The market is like the wind, unpredictable and ever-changing. Your principal is like fire; patience and steadfastness are needed to keep it burning continuously. Currently, ETH tells the same story across different timeframes: at the end of a downtrend, a potential reversal or consolidation is brewing, but the direction is unclear. It creates a sense of panic and hope intertwined, as if "the fall won't happen." In the critical zone of 2,000 - 2,200, whenever the price approaches 2,000, the big players use small funds to support the price, creating the illusion of a "bottom," giving hope to those trapped deep, discouraging them from selling, and encouraging bottom-fishers to enter. Whenever the price rebounds to 2,150 - 2,250, the big players suppress with sell orders, causing the rebound to quickly die out, eroding the bulls' patience and confidence, forcing them to exit when "there's no hope of recovery." The current oscillation is merely a "downtrend consolidation platform." If the price cannot recover 2400, after days or weeks of sideways movement, with volume continuously shrinking, it will eventually break below 1,950 with increased volume, initiating a new downtrend, targeting 1,800 - 1,700.
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TheLittleStoolOfTheWishPool
· 1h ago
Thank you for sharing. I have already joined the team and am on board.
The hexagram says: "Wind comes from fire, Family. A gentleman acts with substance in speech and persistence in action." Wind is above, fire is below; wind helps the fire to spread but requires fuel to continue, symbolizing internal order and the way of perseverance. The market is like the wind, unpredictable and ever-changing. Your principal is like fire; patience and steadfastness are needed to keep it burning continuously. Currently, ETH tells the same story across different timeframes: at the end of a downtrend, a potential reversal or consolidation is brewing, but the direction is unclear. It creates a sense of panic and hope intertwined, as if "the fall won't happen." In the critical zone of 2,000 - 2,200, whenever the price approaches 2,000, the big players use small funds to support the price, creating the illusion of a "bottom," giving hope to those trapped deep, discouraging them from selling, and encouraging bottom-fishers to enter. Whenever the price rebounds to 2,150 - 2,250, the big players suppress with sell orders, causing the rebound to quickly die out, eroding the bulls' patience and confidence, forcing them to exit when "there's no hope of recovery." The current oscillation is merely a "downtrend consolidation platform." If the price cannot recover 2400, after days or weeks of sideways movement, with volume continuously shrinking, it will eventually break below 1,950 with increased volume, initiating a new downtrend, targeting 1,800 - 1,700.