Ethereum is hovering around 1.98K. Don't scare yourself; this is the main force "supporting the shoe"

Retail investors’ biggest mistake is overreacting. When prices are rising, they think it’s too slow; when prices drop, they panic. In reality, the market isn’t as scary as it seems. Often, the big players are just squatting down to do a “shoe-stretching” move—adjusting their footing and scaring out the timid. The key is learning to distinguish: is this a real crash, or are the big players taking a halftime break?

Ethereum’s current performance is an example. The current price hovers around 1.98K, with a 24-hour increase of only +0.18%, appearing quite ordinary. But if you judge solely by the price number, you’ll be misled. Let’s analyze the logic hidden beneath the surface.

A “Probe” Reveals the Bottom Structure

Remember that deep dip to 1736? It was like someone suddenly squatting down to test if the floor is solid. Since 1736 didn’t break, and the price rebounded above 2000, it shows this bottom is built with steel rebar—not tofu.

That deep dip is significant—it’s the “golden pit” for the big players. They deliberately drove the price down to 1736 to scare out the timid retail investors. The subsequent rebound confirms the bottom’s toughness. This kind of probing decline often indicates that large funds are preparing for the next move.

Volume Drying Up, Big Players Preparing for the Next Step

Look at the 1-hour chart, and you’ll notice an interesting phenomenon: although the price is fluctuating up and down, trading volume is decreasing. What does this mean? It indicates that those wanting to sell have already exited during the deep dip, leaving behind only the unwilling sellers.

When selling dries up, it’s like athletes doing a “shoe-stretching” move—pausing to adjust, catching their breath. This is usually not the start of a new decline but a sign of brewing a new upward trend. The current dip isn’t a real crash; it’s more like a “fake fall”—it looks fierce, but the key level 2000 hasn’t been broken. It’s a show for retail investors, making you think a collapse is imminent, so you surrender your bloodied chips.

Current Opportunities and Risk Management

Once you understand that the big players are “adjusting,” don’t be the sucker rushing to short at this moment. Instead, wait until they finish their “shoe-stretching” move and stand up to continue their charge—then quietly follow.

Direction: Rebound to go long (the main logic: when it can’t fall further, it will rise)

Accumulation zone: 2030-2045
This is the current “rest area.” The big players have worked hard to push the price back above 2000 and won’t easily dump it again just to shake out retail investors. This zone offers the best value and is the most suitable for positioning.

Stop-loss point: 1990
This is the bottom line. If 2000—the “psychological shield”—is broken, it indicates the big players are truly out of strength. No need to stubbornly hold; better to exit quickly.

Profit-taking targets:

• First target: 2130 (the previous rebound ceiling)
• Second target: 2177 (the vacuum zone after breakout)

The current market is like a giant filter. It screens out impatience, timidity, and those lacking patience. Traders who understand the “shoe-stretching” logic will make optimal arrangements during this adjustment. Don’t be fooled by short-term fluctuations; the key is to understand the rhythm of the big players.