"The Ongoing Verification of the Uptrend and the Boiled Frog"

This round of BTC and ETH's upward channel has lasted a full 17 days, with the support and resistance of the upper and lower bands successfully tested five times in total. Such a market condition is indeed rare during a major downward cycle.

Initially, retail investors were very cautious, convinced that this was just a trap to lure more buyers, and dared not enter the market. But as support and resistance levels were repeatedly validated with precision, everyone seemed to get used to this rhythm. When the price first retested support, no one dared to buy; during the second and third retests, it was found that funds were supporting the decline and there were buyers stepping in during the rise, so caution was inevitably relaxed. Sensitivity to the market was gradually dulled, from initial suspicion to gradually holding larger positions and increasing leverage.

However, I continue to believe this is a psychological game between institutions and retail investors, using this ongoing "warm water" verification to slowly erode retail traders' vigilance. But now that the market has reached this point, no matter how much hope there is, it’s useless. The only thing we can do is stay alert, avoid being caught by this apparent “stability,” set strict stop-losses, and not blindly chase highs, so as not to become the boiled “frog.” #孙宇晨起诉WorldLibertyFinancial #以太坊Meme季卷土重来