Honestly, today’s market makes me feel a bit fractured.



ETH dropped directly to 3170, right on the lifeline — the position it struggled to climb out of, and I thought it could stay steady for a few more days. I’ve already opened a long position with a stop loss at 2980; as long as it holds above 3000, I can endure. BTC follows a similar logic: a sharp decline, then a rebound to around 90000, but market sentiment clearly hasn’t picked up. If it can rally to 98000? Those chasing the rise will probably go crazy, then the main force might turn around and dump— I can already guess how this story will end.

Last night’s open was quite stable, with the US stock market still climbing. But then Oracle’s earnings report fell short of expectations, causing an 11% plunge during trading, dragging the Nasdaq down with it. Plus, Japan is set to raise interest rates on the 19th, so funds are now risk-averse, and liquidity is tightening noticeably. Just thinking about it makes me a little anxious.

But on the other hand, as long as BTC doesn’t effectively break below 88000, this rebound isn’t over yet. My long position at 90000 depends on my backside — recent swings have been profitable for both longs and shorts. I’m just hoping for a decent rebound so I can close my longs first and then go short again, wrapping up perfectly.

**A few more news updates:**

• FTX/Alameda unlocked 194,800 SOL, no wonder SOL has been so weak lately; its rebound strength lags behind other major coins. But on the weekly chart, it’s still in the bottom zone.

• The US has about $9 trillion in debt maturing by 2026. Trump probably pushed the Fed to cut rates just to save US debt; otherwise, the treasury really can’t hold out.

• Yesterday, the US spot ETH ETF saw a net inflow of $56.48 million, and BTC ETF had a net inflow of $221 million — even with funds flowing in, the coin prices are still falling. This move really confuses me.

• The global stablecoin market cap surpassed $310 billion, hitting a new high. But what does that have to do with us retail investors?

• Solana has processed over 200 billion transactions and maintained 100% uptime for 21 consecutive months. If in the next bull run SOL drops below 100, it might be time to consider dollar-cost averaging.
ETH0.91%
BTC0.55%
SOL-0.45%
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MEVSandwichVictimvip
· 12-14 12:21
Profits decide your mind, I understand this... Now it's just waiting for the rebound, sell out and run. --- ETH breaking below the 3000 life line is now a bit risky, trying to stay steady at 3170? I bet it still needs to test the bottom again. --- Funds entering the market are causing the price to fall further, this operation is indeed ridiculous... Are the big players bottom fishing or just cutting us? --- SOL has indeed underperformed these days, the 190,000 FTX tokens unlocked are really disgusting. I also want to buy the dip at 100 in the next bull market, just afraid I won't make it. --- Debt of 9 trillion due in 2026, Trump's push for interest rate cuts is truly spectacular... Retail investors just wait to be harvested. --- Japan's interest rate hike on the 19th is a bit worrying, when liquidity tightens, everyone will kneel. --- As long as BTC stays above 88,000, there's hope; if it breaks below, I'll close my position and admit defeat. --- I've seen through the big players' script long ago—raise it to 98,000 then wait for a dump, new retail traders really believe in the rebound. --- Despite such massive ETF inflows, the price still drops; isn't it obvious someone is deliberately opposing? --- Stablecoins breaking below 310 billion? That means even our coins are losing value, how ironic.
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GateUser-40edb63bvip
· 12-13 15:27
The屁股决定脑袋,I understand this feeling too well. Funds flow in but the coin drops, this logic is really absolute. FTX is dumping again? SOL really underperformed in this round. Breaking 3000 is the key; if broken, stop-loss and accept defeat. Debt issues are so serious, no wonder the Federal Reserve has to bow its head. A rebound to 98k is still heartbreaking; the main players' tactics are too familiar. This market really wears me out now, waiting for signals.
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GateUser-ccc36bc5vip
· 12-11 12:52
屁股决定脑袋,我也在90000死扛呢,就盼着能拉一波 --- ETH smashed to 3170, still daring to go long? Bro, you're pretty bold; I went short directly. --- Funds are entering, but the coin is still falling. Who can understand this? Obviously, the main players are accumulating. --- SOL's performance this wave is really disappointing. Waiting for it to drop to 100 to scoop up at the bottom. --- The US debt issue hasn't been resolved, liquidity is so tight, who dares to chase the rally? --- Oracle's earnings report stunned the entire market; it's outrageous. --- Japan's interest rate hike is so terrifying; foreigners are really throwing money to dump. --- Wait, with so much ETF inflow, why is the coin still falling? Feels like I've been cut. --- As long as BTC holds 88000, there's hope; otherwise, it will really break the threshold. --- FTX is again screwing over SOL; can this coin still be played?
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ZKSherlockvip
· 12-11 12:49
actually the money flows don't match the price action here—that's where the math breaks down, ngl. if billions are pouring into spot ETFs but we're still dumping, something's off with the trust assumptions in the market
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ProofOfNothingvip
· 12-11 12:26
屁股决定脑袋,我懂这感觉太深了哈哈 --- ETH3170真的绝,守不住3000咱们都得跑 --- Funds enter the market but the coin still falls, I really can't understand this move, the main force is playing tricks again --- SOL this wave really underperformed, I’ll buy the dip when it drops to 100 --- US debt of 9 trillion is due, no wonder there's so much political game-playing, retail investors just sit back and watch --- Long positions at 90,000, now just pray it doesn't drop below 88,000, or the mentality will really collapse --- FTX unlocking SOL is really a pain, smashing the market and still messing around like this --- Funds are entering but the price is still falling? This is really ridiculous, is the main force doing a shakeout or is there another purpose --- The lifeline has been stepped on, now it depends on whether it can hold, if not, it's time to admit defeat and walk away
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