The funding rates for Ethereum and Bitcoin have started to loosen again, so everyone should prepare to cut losses. There is likely to be a big market move coming up because the last time the funding rates loosened was right at the start of a major rally. But now that the daily chart looks like this, it probably won't surge up again, so I am more inclined to expect a big downward move.

Bitcoin hasn't broken the 20-day moving average on the 4-hour chart yet, but Ethereum's 4-hour chart has already broken the 20-day moving average, making further decline inevitable.

As I said, a pullback is just a pullback. Bitcoin has already retraced 3,000 points from its highest point, and it can still fall further. The decline is just beginning. If it breaks 75,000, it won't be just a simple pullback anymore. Everyone, take it easy.

Bitcoin and Solana hit new highs yesterday, but Ethereum did not. If Bitcoin pulls up a bit more today and Ethereum still doesn't hit a new high, this wave of the market will temporarily end and a correction is inevitable. Aave is under Ethereum, but both have already dropped significantly, so a correction is certain. Whether this is a trend reversal is uncertain, but in the crypto world, sometimes a rise lasting a week or 8 to 10 days can be wiped out in less than 3 days, and sometimes 3 days is enough to bring things back to the original state.

Why are you all so talented, all going long on SanDisk, are you idiots? I already said before it's just a pullback in a downtrend, SanDisk's trend is down, the rebound up to around 1800 should be a short, Bitcoin and Ethereum are the same, I still look bearish on them. Even though the US Treasury Secretary came out again saying the US debt issue has expanded to 1 trillion, so what? Anyone can talk with their mouth, wait until it's implemented before talking.

The Asian stock markets are all falling this morning. Let's see how the European session goes this afternoon. If nothing unexpected happens, the US session should also decline tonight.

Ethereum just dropped 100 points all of a sudden, can you handle it? 🤔

The long position on Ethereum fell to 2355 in the afternoon and then rebounded to around 2440. If 2440 is retested and it falls below 2380 again, you don't need to keep your long position. If it doesn't break 2380, you can hold your long position and observe.

I estimate that the daily chart will come down the same way it went up; you can't trust the bull retracement. It was mentioned before that this rally was mainly due to the US Treasury's repurchase of government bonds, which increased liquidity, short squeeze liquidations, and the inflow of ETF arbitrage funds. It just pulled up a bit too aggressively, leaving many people at a loss and questioning their beliefs. People don't know how high it will go; some thought it could reach 3000, but currently, 2550 is already a point for profit-taking. You can look at Ethereum's past rebounds, which have typically been around 1000-1200 points per wave, so the move from 1500 to 2550 fits within this rebound range.

Ether dropped 200 points in two days but still hasn't fallen below 2350. Will we see Ether at 2200 tomorrow? If it can rebound to 2450, I will continue to short. The daily lower support level at 1768 has already appeared, while the 2550 resistance has been tested twice without a breakthrough.