# ETH 2070: Sideways Rally Trap? Don't Use Your Principal to Fill the Whale's Pit!

Fatty just walked through the door. She's a female classmate of mine from the same county system.

She happened to be gathering on this street at noon and stopped by to sit for a bit.

I asked, "Weekend—didn't you go keep that Wuhan billionaire old guy company?"

She said, "I saw him a couple days ago."

I asked, "Any substantial progress?"

She said, "Sort of. I looked at the lawsuit documents on some of his property disputes. If they get enforced, it's at least 100 million. He also promised that once we get the marriage certificate, he'll leave 30 million for our future kids."

I said, "Just one principle: the belt can loosen, but the wallet absolutely cannot."

She got irritated: "You're really underestimating me! He's a dragon stuck in a swamp right now—30 million is nothing to him. As long as I don't spend money, just help him run some projects, worst case I just spend some time. He can't trick anything out of me."

I took a sip of tea and didn't lecture her further.

I only asked her one question: "Why does a man with real tens of millions in savings not even have a single errand runner around him? Why does he need you to beg people for him at the dinner table?"

When things go against the norm, there's always evil afoot.

What the old guy wants is exactly her type—cheap labor and emotional value, someone who thinks she's clever but is actually dirt cheap. He draws a 100-million-yuan pie and doesn't spend a single cent. Total freebie.

After Fatty left, Director Song sighed.

He said, "This woman is finished. It's just like us buying those crashed trash assets at the bottom—always thinking we got a bargain."

I said, "Yeah."

He said, "In extreme market conditions like now, how much ammunition do you still have on hand?"

I said, "50% of my funds are in defensive positions, 1 million in cash for tactical moves, absolutely no high leverage or full positions."

He said, "In a market like this, 100 million in defense is too little. Buffett now has 55% in cash—that's the ultimate defensive posture. We must always respect the market."

I said, "Right. Always think about survival first, then think about making money."

Back at the studio, I took a glance at the ETH chart.

Looking at the K-line, I suddenly realized that retail traders going all-in long right now are exactly like Fatty.

They all think they've found a "fallen whale" at the bottom—just hold on, and they'll get their cut of the pie when the whale pumps the price up for that 100 million.

Look at $ETH 's behavior these past few days.

Yesterday it rocketed up to 2209. That massive spike was the whale's last spasm after getting a dose of Viagra.

Looks fierce, but it doesn't really last.

Now the drug has worn off, and the price is lying limp around 2075, playing dead.

The whale has set a trap in this narrow box between 2060 and 2090.

Just like that Wuhan old guy, drawing a 30-million-yuan pie but not willing to spend a single cent.

There's virtually no volume on the chart. What's the main force waiting for?

For you "Fattys" to fill the liquidity yourselves!

Above, in the 2120-2140 range, they're all resentful spirits trapped from chasing highs earlier. The selling pressure is heavy enough to kill people.

The hunter doesn't die from waiting. Going after falling knives at middle prices will get you slapped from both sides.

Remember what I told Director Song: perfect your defense first, then talk about offense.

Old Bao's script today is short only, look carefully before taking the trade.

**Tactical Direction: Short $ETH **

**Ambush Zone: 2110-2125 range. Be patient! Wait for price to retest the upper resistance. As long as volume can't keep up, that's the end of the rally trap—go short immediately.**

**Strict Stop Loss: If the candle body breaks through 2168. This is strong resistance. If it does, it means the whale really has real money to pump the price. The entire logic is overturned. Admit the loss, immediately cut the position, never hold!**

**Staged Take Profits: First target 2060, second target 2020. Reduce positions at these levels, lock in profits, don't eat the tail.**

In this bloodthirsty world, nobody sympathizes with the weak.

You think you're picking up the whale's bottom. The whale thinks it's picking up your principal.