Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Is ETH 2060 a high-level manipulation? See through the dealer’s dimensionality reduction strike; low buying is the true lifeline.
This afternoon, I had tea with a big sister who has settled overseas.
Almost 60 years old, married three times, childless, but she commands respect in her field and lives like a queen.
Interestingly, those relatives back home, holding only a few thousand yuan in retirement funds, worry about her every day. They think she must be lonely and advise her to find a partner to enjoy her later years.
The big sister just smiles and says, at worst, she’ll play enough and then choose euthanasia—living only for herself.
What is this called? This is called a power’s dimensionality reduction strike.
She holds heavy wealth and has long stepped out of worldly rules; meanwhile, those relatives try to measure the wings of a giant with a well’s ruler. Cognitive poverty is the deadliest shortcoming.
This reminds me of the absurd dramas we perform daily in this meat grinder market.
Most retail investors are like those poor relatives back home. Holding just a few thousand yuan, obsessively watching the one-minute K-line, worrying every day whether the big players with hundreds of billions are about to pull the market.
In fact, the main force is like that big sister—calm and unhurried, never following your script.
Refocusing on the current market, look at how $ETH ’s sharp knife is harvesting human nature. The current price is hovering around 2060. It previously surged from 1906, with a thrilling rally. Many retail investors saw the big bullish candle, got excited, and rushed in.
And now? The price just won’t move.
From the order book game, when the bulls pushed near 2074, their strength clearly waned, and buy orders are extremely weak. This is called “the last strength of a strong bow,” as the main force slowly distributes chips above, with demand already broken.
This is a typical “high-level setup.” The dealer is dangling bait in mid-air, specifically trapping those gamblers who are afraid of missing out and can’t hold back.
We never predict in trading, only respond. The big picture remains intact after the deep correction; the bulls are still the main force. But in the short term, close combat, you absolutely shouldn’t be the sucker at this resistance level.
Be patient, wait for the dealer to clear out the chasing chips, and create a bloody pit. Then we go in to pick up cheap chips.
【Lao Bao’s Practical Script】$ETH
Tactical direction: Continue to lay low and buy long positions
Entry points: 2015 - 2030. This is the defensive hollow built by the bulls earlier, with very strong support. Be patient—wait until it drops into this range, and volume shrinks on the decline, or a false break with quick rebound occurs, then enter and hold tight.
Strict stop-loss: 1978. Don’t talk to me about faith! Falling below 2000 breaks the underlying ladder of ascent. Pretending to be dead in this market, and the dealer can suck your marrow dry in minutes.
Partial profit-taking: First target at 2085, second target at 2120-2140. When it reaches these levels, reduce your positions; only the meat you eat counts.
Personal growth is a process of gradually understanding and mastering rules and human nature.
When you lack cognition, you want to go all-in on everything; once you develop iron discipline, you’ll be like that big sister—calmly watching from the sidelines.
Trading doesn’t believe in tears, only discipline.
Tonight, if the dealer suddenly turns aggressive and stabs sharply at 2020, will you panic and cut your losses, or are you willing to join me in bottom-fishing? See the comments for the real showdown.