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Big Brother’s little brother finally got up and running this time! 👍
BTC just charged above 66,000, and ETH immediately followed, pushing in one go to 1,939—rising fast by 4 points, even more aggressive than Big Brother. Look at the K-line: the price has been chopping and consolidating around the 1,850 bottom area for a few days, and today it directly shot up with a huge bullish candle—leaving even the “top-of-the-line traders” looking dumbfounded.
But what’s interesting is this: while the price is rallying, capital is actually net outflow of $77 million. What’s going on? Either the whales are pulling up while withdrawing, or retail traders are chasing the price and then bailing out. Plus, the news says, “the smart money that went long at the beginning of July is now sitting on unrealized gains.” These people are all sharp operators—if they’re up on the trade, will they just pack up and leave?
To chase or not? That’s up to you. Anyway, an old saying in the circle: when ETH powers up, it’s either playing catch-up or providing cover for a retreat. Keep an eye on the previous high before 1,939—hold steady and it’s spring; if it can’t hold…