#CulperResearch明牌做空ETH Day 11 of my 10-year commitment to holding and checking in CulperResearch released a report openly shorting ETH, focusing on the impact of Fusaka upgrade on the token model: network scaling caused Gas fees to plummet by about 90%, staking yields declined, weakening validators' incentives; on-chain activity is mostly address poisoning and dust transactions, fake activity inflates data, real ecosystem demand is obscured. Institutions suggest this could trigger a negative spiral of staking withdrawals and price declines. This view short-term suppresses market sentiment, combined with BTC retracement leading ETH to weaken in tandem, increasing market volatility. As a ten-year holder, I refuse to blindly follow institutional long or short judgments, avoid impulsive trading, strictly control leverage, and stay light on positions, focusing on core fundamentals like ETH ecosystem iteration, L2 development, and genuine staking data. Long-term positioning is unaffected by short-term public opinion. I view institutional shorting rationally, navigate volatility with a long-term perspective, maintain steady holding rhythm, and use time to verify ecosystem value, steadily completing the 3650-day holding journey. Follow me for happiness, joy, and wealth, and witness miracles.

3.7 Saturday Morning Thoughts: Volatile Adjustment, Treat as Range As we approach the weekend, good morning everyone. I hope everyone has a pleasant day. Yesterday was another Black Friday, with the market sliding all the way down. Bitcoin dropped to around 67,700, and Ethereum also declined to about 1,955. Yesterday's bearish outlook and short positions were like picking money with eyes closed. Today, the volatility won't be very large, so we won't look for a one-sided trend. Just treat it as short-term. After a big drop, the rebound strength is limited. In the short term, the trend remains weak for the bears, and short-term resistance is very clear. The current thinking is to watch for a pullback first; after a decline, go long. Intra-day, Bitcoin is expected to be short around 68,500 and 69,000. Watch for support around 67,000 below. If broken, look for a move down to 66,000; if it doesn't break, then reverse to long. #GateforAI重磅上线 $BTC

Bitcoin fluctuated from 690,066 down to 67,707 at midnight, currently hovering around 68,200. From the four-hour timeframe, the candlesticks are operating above the lower band of the Bollinger Bands. The momentum of the peak is showing an increasing trend. Our midnight peak yesterday perfectly aligned with expectations. Haoyu in the morning is peaking around 68,500-69,000, looking towards 67,800-67,000. Haoyu in the morning is peaking around 2,000-2,025, looking towards 1,950-1,915.