I received a message in the trading group early in the morning, where a group member showed a profit screenshot – turning an initial investment of 800 into 120,000. To be honest, such explosive gains are not uncommon in the crypto market; what is rare is how he precisely timed it amid all the bullish sentiments.

Things have to go back to a week ago. At that time, the market had just experienced a pullback, and this guy got liquidated by chasing the mainstream coins at a high price, his mindset was completely broken. The turning point appeared at the position of 3100—at that time, the community was shouting "break through 3200" everywhere. After reviewing the K-line with him, I suggested building a position near 3095. Looking back now, this decision turned out to be a good bet.

The recent trend is quite intriguing. The price soared from 3020 to 3102, and the daily chart looks impressive, with consecutive bullish candles appearing as if they are on a roll. However, when switching to the hourly level, the issues become apparent.

There are two particularly obvious signals from a technical perspective: price rise and volume decrease, along with indicator divergence. Although the price has reached a new high, the MACD's red bars are getting shorter, and the trading volume has shrunk by nearly 40% compared to the previous wave. It's like the engine is roaring but the speed isn't increasing, which is likely to indicate a problem. We spent an entire day watching the market just to avoid the trap of such false breakouts.

In trading, it's crucial to grasp two lifelines:

**3100 level** can be regarded as a major disaster zone at the top. On that day, it was touched twice in the morning and both times it was pushed back down, indicating how terrifying the selling pressure above is.

**3020 is the EMA support at the daily level**