Before entering the crypto market, I believe every trader should understand the underlying logic of price movements. The market won't change direction based on your expectations; only by understanding the essence of trend can you remain rational amidst fluctuations.
The Iron Law of Market Movements
First and foremost: the market is always right. When your analysis contradicts the price trend, the only possibility is that you are wrong. This is not a discouragement, but the most important mindset adjustment in trading.
Market movements have strong inertia. Once a clear trend forms, most reversal patterns will fail, and at most, a consolidation range will develop. Only a small probability of a counter-trend breakout can truly change the existing trend. This reality causes many retail traders to suffer heavy losses in extreme market conditions.
Peak Reversal: The Signal Light of Extreme Emotions
Peak reversal reflects extreme greed or extreme panic in the market. This pattern is difficult to use for entry trading, but it is crucial for managing existing orders.

Deutsche Börse Group's Deutsche Börse Digital Exchange (DBDX) provides institutional investors with a secure and compliant digital asset trading platform, filling the regulatory gap in Germany's crypto market. This move is supported by the German Financial Supervisory Authority (BaFin) and will encourage institutional investors to participate, enhance market liquidity, and mark the deep integration of traditional finance and blockchain.

The Warning of Large Account Deep Trapping
Recently, ETH has shown a typical case: a seasoned investor used 25x leverage to heavily long, continuously adding positions as ETH dropped from 3500 to 3155, ultimately accumulating a position worth 24.6 million. The liquidation price was set at 3047, and the current price is oscillating around 3155. This "hard trapping" situation means that any slight decline could trigger liquidation. This lesson is worth deep reflection for all contract participants—leverage amplifies not only gains but also risks.
Two Key Technical Levels
From the 1-hour K-line chart, ETH is currently oscillating near the resistance level of 3160. The first major resistance above is 3350, which requires significant trading volume to break through; looking downward, 3155 is a short-term support. Once broken, it points directly to the "critical position" at 3080, and further breakdown could face the psychological bottom at 3000.
The most noteworthy

Ethereum's scalability solutions have achieved significant progress again. The core development community has reached a consensus to initiate a series of Gas limit increase plans next year, with the Glamsterdam upgrade scheduled for deployment in the first half of 2026. This is seen as a key milestone for Ethereum's scalability.
According to the latest discussion on the Bankless podcast, educator Anthony Sassano revealed the ambitious roadmap of the development camp: raising the Gas limit to 180 million in the short term is set as a must-achieve goal, rather than an ideal scenario. More aggressive proposals suggest achieving a fivefold increase next year, while researchers' consensus believes that at least a threefold increase should be implemented within the next few years.
Repricing mechanisms become critical, directly benefiting user fees
To achieve such a significant increase, Ethereum is exploring pathways to reprice transaction costs. Co-founder Vitalik Buterin also commented on this.

A significant transfer of 1200.69 PAX Gold tokens from a Null Address to Paxos highlights notable on-chain activity. This movement underscores liquidity management and operational procedures within the token's ecosystem, reflecting the importance of tracking such transactions for market insights.

Spot trading is a direct exchange of digital assets, allowing users to trade using various digital assets as the quoting unit, breaking the limitation of single-asset valuation with stablecoins. This trading method reduces costs, improves trading efficiency, and offers more convenient asset conversion and privacy protection. Its prices are determined by market supply and demand. Investors can manage their asset portfolios with flexible strategies to achieve more efficient trading.

The Ethereum Dencun upgrade was deployed on March 13, 2024, and there is controversy over its impact on prices. Historical upgrades have shown mixed price trends, with key factors being market expectations, macro sentiment, and technical execution capability. Therefore, paying attention to expectations and industry sentiment is more important.

The Royal Government of Bhutan recently transferred 160.35 Ethereum (approximately $483,000) to QCP Capital, indicating traditional institutions' interest in digital assets. This may be the first phase of their crypto asset allocation plan, strengthening Ethereum's institutional market position.

DeFiLlama data shows that the number of Fork protocols based on Balancer V2/V3 has reached 29, with a total locked value of $60 million. However, recently, the main Balancer protocol was attacked, causing user panic and large-scale fund withdrawals, leading to a TVL drop of over 30% for Fork protocols. This incident exposed the vulnerabilities of these protocols, with their inherent risks increasing. Whether they can recover in the future remains to be seen.

"Only wealth can solve worries," this phrase expresses the heartfelt wish of many. But when we seriously examine those so-called paths to sudden wealth, we find that most are games of chance—winners shine brightly, while losers go unnoticed.
Paths to Wealth That Exist but Are Extremely Difficult
Relocation: The Most Lucky Break from the Sky
Relocation is undoubtedly the fastest way to change one's life trajectory. A relocation notice, a few properties, and millions in cash can be obtained, enough for an ordinary family to achieve financial freedom. For this reason, the term "relocation second-generation" has emerged. But honestly, it all depends on where you live—the choice of location is not entirely in your hands.
Entrepreneurship: The Path to Wealth That Requires the Most Skill
Compared to other shortcuts, starting a business is one of the few ways to truly achieve wealth based on ability and vision. Creating popular products, securing funding at the right time, or selling a business—some people do succeed through this route.

Sometimes, the best market opportunities are hidden in those most unintentional decisions.
Yesterday afternoon, when drowsiness hit me, I didn't plan to do anything. But fate loves to play tricks—by some inexplicable coincidence, I still opened the trading page and focused on the Uniswap (UNI) token. Seeing the price at 6.708 at the time, I didn't have many plans in mind, and based on a certain intuition, I pressed the long position button. To be honest, I didn't expect any particular outcome at that moment.
After setting the take profit, I went straight to sleep. I didn't sleep very soundly, and a vibrating phone in my pocket woke me up. I opened my eyes and looked at the market chart—UNI was already surging upward, with numbers jumping rapidly. I instantly snapped to attention, staring intently at the candlestick chart, watching the price rise from over 7, over 8, over 9, with the upward momentum unceasing. When the price reached 9.5530, I had no hesitation—one mouse click, and I closed the position.
The numbers popping up on the screen made me a little hesitant to...

This round of decline has indeed made cryptocurrency investors a bit restless. Bitcoin has fallen from the 126,000 USD level to around 87,660 USD, while Ethereum has been cut in half from over 4,100 to 2,950, with the decline looking quite shocking. But if we extend the timeline and compare with historical patterns, we will find that this adjustment may not have reached its limit—in fact, it hints at structural opportunities.
Has the downward movement already been fully absorbed? Let the data speak.
Every bear market cycle of Bitcoin has its patterns:
- 2018 bear market: a plunge of 85%, market bloodshed
- 2022 bear market: the decline narrowed to 75%, with a noticeable improvement in pain
- Current adjustment: from 126,000 to 87,000 range, a decline of about 31%
According to the consensus rule of the four-year halving cycle, if this decline reaches 50-60%, it has already hit the limit, which implies that the Bitcoin bottom theory

Wall Street's outlook for the U.S. stock market in 2026 presents a "clash of extremes"—the divide between optimists and pessimists is becoming increasingly apparent. Behind this forecast battle lies a profound impact on global capital flows.
Institutions are bullish, but bubble risks are mounting
Morgan Stanley has issued the most aggressive forecast, setting the S&P 500 target at 7,800 points by the end of 2026, an increase of about 15%, with constituent earnings per share expected to grow by 17%. UBS's view is slightly more conservative, with a target of 7,500 points, up over 11%. The logic supporting these optimistic expectations is clear: profit growth driven by AI investments, U.S. tax cuts, the Federal Reserve's interest rate cut cycle, and deregulation in energy and financial sectors.
However, warning signs are also flashing. The current U.S. stock bubble is evident, with valuations of major tech giants approaching historical highs, and the leverage-to-market value ratio has already exceeded