Is ETH holding firmly at 3000 points? I took a quick look at the "mass graveyard" above.

When Lao Li pushed the door open, he was in a hurry, looking very much like a gambler whose losses have turned him red-eyed.

"Old Bao, $ETH 3000 points! That's the bottom, can we go all-in?"

I ignored him, poured the third brew of tea into the fairness cup, steam rising.

“First drink tea, calm your fire.”

Lao Li couldn’t sit still, his phone screen almost pressed against my nose: “Stop drinking! Look at this needle insertion, clearly there's a main force protecting the market, everyone’s shouting for the bull to return quickly.”

I took the phone, switched to the 4-hour chart, pointing at the large bearish candle at the top of the screen.

“Do you call this protecting the market? This is like gasping at the ICU entrance.”
Lao Li paused for a moment.

I pointed at the candlestick chart and told him, this is called grinding.

It looks like it’s holding around 3010, but in reality, the volume is shrinking to mosquito legs.

This kind of market, the most deadly.

It gives you an illusion of “not falling,” luring you in, then using a dull knife to cut meat.

“What should we do? Stare blankly?” Lao Li asked.

I pointed to the area between 3065 and 3080.

“See? All the trapped orders above, that’s the mass graveyard from before. As soon as the price dares to go up, the bricks to unlock the trap will come crashing down.”

“If it were you, what would you do?” Lao Li was still not convinced.

I opened the exchange and showed him my pending orders:

Strategy: Short in the 3065 to 3080 range.
Logic: If there’s no rebound, I do nothing; if it bounces up, consider it the main force giving away money.
Stop loss: 3130.
“Set a stop loss?”
“Definitely. If the bulls can break through 3130, it means the big players have changed, I’ll admit defeat and make way for the big brother.”

Lao Li pondered: “What if it drops instead?”
“The first chunk of meat is eaten at 2980, the rest depends on fate, maybe it can go down to 2900.”

I patted his shoulder, a lesson bought with some tuition:
“In trading, those who want to eat the fish head and tail usually don’t last long.”

Like Lao Li, always trying to buy at the lowest point, but often buried halfway up the mountain.

“Don’t rush to give away your money. The main force is grinding, you also need to learn to endure the eagle’s patience.”
The tea cooled, I poured a new pot.