Watching the market for eight years, I've seen quite a few sideways trends, but this wave really feels a bit different.



Recently, I keep getting the same question in private messages—"Ethereum hasn't moved in these two weeks, can I still enter now?" Every time I encounter this kind of question, I want to say: the market loves to punish those who can't wait.

I've been in the crypto market for many years and have experienced all kinds of行情. Currently, Ethereum's half-month stagnation isn't a gift from heaven nor a trap. To put it simply, this is an opportunity left for those with patience—key is understanding what the main players are doing.

**Main players' sideways trading boils down to two tactics: accumulating or shaking out**

Ethereum's current operation actually involves both. Looking at the candlestick charts, you'll see that over the past two weeks, the price has been fluctuating between 2750 and 2830. But if you observe carefully, the lows are gradually rising, and the highs are slowly approaching the 2850 resistance level. This "low points not breaking and highs gradually rising" pattern is a standard accumulation tactic by the main players.

Why do the main players play like this? It's simple—if they push the price up directly, retail investors will jump in chasing the rally, increasing the cost of accumulation. Sideways accumulation is different; it allows them to slowly collect chips into their pockets and shake out those retail investors with unstable mindsets. When the time comes to push the price up, there will be less resistance.

In the past half month, market sentiment has been quite conservative, so the main players have simply held their positions, waiting for sentiment to warm up before making a move.
ETH-0,32%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
WhaleWatchervip
· 10h ago
After all these years, it's still the same old story. The classic move of lifting from a low point. Retail investors can never guess when the main force will make a move. I'm just worried that once the sentiment shifts, more people will regret their decisions. Whether to buy at 2750 or 2830, honestly, understanding the rhythm is more important. Those who are anxious have already been left behind. The sideways consolidation over the past two weeks has indeed been tough, but this is the time to eliminate impatience. The resistance level is 2850. Don't overthink it before breaking through; the main force knows what they're doing. Every time someone asks if it's still possible to buy now, I know the bottom hasn't arrived yet. Eight years of market experience tell me that this kind of market actually presents opportunities, but not for everyone. Gradually lifting from the lows, the main force's intentions are already clear. It all depends on who can wait it out.
View OriginalReply0
BoredWatchervip
· 10h ago
This is just waiting for the retail investors' mindset to collapse, haha.
View OriginalReply0
TommyTeachervip
· 10h ago
Patience is easy to talk about but hard to practice. I see many people have already lost their composure.
View OriginalReply0
SybilSlayervip
· 10h ago
Sideways for two weeks, those with poor mentality have all left, leaving only the true leeks... No, I mean the true believers.
View OriginalReply0
OnchainDetectivevip
· 10h ago
According to on-chain data tracking, this sideways trading range of 2750-2830 is indeed not simple. The detail of the lows gradually rising is very obvious and is a typical sign of accumulation. Retail investors who can't wait have already been shaken out, and the main force is just exhausting them in this way.
View OriginalReply0
OffchainWinnervip
· 10h ago
Patient people are making money, while those in a hurry are still asking why it hasn't risen. --- Consolidation is just collecting chips; this trick has been the same for eight years. --- Really, those who can't wait always lose the most money. --- The lows are rising, all the details are in the candlesticks. --- The main force's tactics are worn out, retail investors are still asking if they can enter now. --- Those with unstable mindsets have been shaken out; just waiting for the rebound.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt