---
title: 'LIVE: I''m Shorting ETH Now— CPI or Not'
source: 'https://youtube.com/watch?v=GUMolqVlg8M'
video_id: 'GUMolqVlg8M'
date: 2026-08-14
duration_sec: 2318
---

# LIVE: I'm Shorting ETH Now— CPI or Not

> Source: [LIVE: I'm Shorting ETH Now— CPI or Not](https://youtube.com/watch?v=GUMolqVlg8M)

## Summary

In this live trading session, the host analyzes Ethereum, Bitcoin, and Solana ahead of major market news, including the CPI report and the Federal Reserve chair nomination vote. He walks through his recent trades, emphasizing the importance of waiting for confirmation entries on lower time frames, and outlines his trade plans for the three cryptocurrencies.

### Key Points

- **Upcoming Market News** [02:16] — CPI data and the Fed chair nomination vote are due today. The Fed chair vote is expected to pass, with Kevin Warsh replacing Powell. Warsh is considered pro-Bitcoin, which could positively impact crypto markets.
- **Ethereum Swing Trade Example** [07:29] — The host shows a swing trade on Ethereum where price tapped a 4-hour demand zone. He used Fibonacci retracement to target the golden zone and entered on a 5-minute confirmation, resulting in a successful trade.
- **Ethereum Day Trade on 1-Minute** [11:38] — A day trade was taken on the 1-minute timeframe after a demand zone fail and a supply zone tap. The host used a break of structure and change of character for entry, achieving a risk-reward ratio of 3.65 using a Fibonacci extension.
- **Ethereum Current Analysis** [17:21] — On the 4-hour chart, Ethereum is in consolidation after a drop. The host identifies a breaker structure and a golden zone that aligns with a demand zone, expecting a retracement before a potential move higher.
- **Ethereum Trade Plan** [23:46] — Two scenarios: price could tap a supply zone and drop, or break higher, leading to a retracement and long entry. Confirmation is crucial, especially with the Fed chair announcement pending, which could invalidate setups.
- **Solana Analysis** [28:45] — Solana shows a 12-hour demand zone and a breaker structure. The host expects a retracement to a zone before continuing higher, but a break below a key line would shift his bias to bearish.
- **Bitcoin Analysis** [34:16] — On the 4-hour chart, Bitcoin has a breaker structure. The host is watching a demand zone for a potential long entry, but if the chart breaks down, he will consider shorting to a lower zone.
- **Announcements** [36:59] — A trading challenge is starting with an iPhone as a prize. Details will be discussed in a Telegram live at 8 PM. The CopyMe platform is in beta testing, allowing users to copy professional traders.

### Conclusion

The host emphasizes patience and confirmation before entering trades, especially with high-impact news. He provides clear trade plans for Ethereum, Solana, and Bitcoin, focusing on key zones and risk management.

## Transcript

coming out today. One of them is a CPI and one of them is the Fed chair announcement. Now, this news is going to heavily impact the market today.
The one I think that is going to affect the the market the most is not even CPI. Is the Fed chair nomination vote. For the Fed chair, the new Fed chair, um the old one is Powell. The new one
coming in is Kevin Warsh. So, Powell is going on the 15th of this month, which is um two days three days from now. Warsh, but there is this um vote that needs to be go that needs
It's obvious it's going to pass. You can see here it's going to be it's going to pass that news. As you can see here from um Forex Factory, that the forecast is to pass. But, this might actually still affect
Um especially with regards to crypto because Kevin Warsh is considered a Bitcoin pro um chair. Fed chair. So,
crypto, Bitcoin, Ethereum might just have a positive reaction to this when this vote goes on. It is not stated what the time the vote is going to go on. They just put there tentative. Okay? But, if it does happen, we can see
this affect the markets um significant. um month over month and year over year coming out
probably that by 1:30 West African time today. CPI as you know just say it's whipsaw. But after the after we saw mostly the
market just continues where it is going. So what trades are we taking out to with you. Bitcoin, Ethereum, and Solana. And I'll go ahead and take like two one or two more trades from you guys in the comment
section here. Uh to start with I want to look I want Uh to start with I want to look I want to I want to look at I want to look at to I want to look at I want to look at um two trades that I took on Ethereum.
on Ethereum that went absolutely well. So you understand the psychology behind all these trades that I take and you can end up taking them on your own even without coming even without you know when you see them you
know ah this is going to happen and you take them on your own. Before we start of course we have a tradition here. I want to know where you are uh tuning in live from. So go ahead and tell me the
the city and the country that you are tuning in live from. Just type the city and the country so I know where you guys are tuning from. For example, I'm in Lagos, Nigeria. I can see someone already
um Mr. Money 5226 from Benin City I'm a beginner trader and really need your help. Oh it's fine. Just attend the lives. We had we had even one on on
yesterday on Telegram and again I'm I'm having a We are starting beta testing which is copy me copy me .trade where you can
actually plug your account while you learn and just copy professional traders. So, you're in the right place. RJ Peters in
Mccarty, I see you. In Abuja,
I see you. Kenny is in Abuja as well. We have Entertainment Lifestyle is in Abia state.
Benin City, I see you. Stephen is in Lagos. Um Silas Edu is in
>> [clears throat] >> Okay, Winsome from Calabar. Another person, Pressure, is also in Calabar.
Dunstan Prosper the El Salam in Tanzania. Tushar Ali Me in Nasarawa state. Welcome to the show and
let's get started. Like I said, I'm starting with very two trades that I um in Ethereum. So, let's start with this one. This one happened over the weekend. This is Ethereum, as you can see here.
I want to show you how I took this particular trade, this one. So, I entered this trade here. I want to show you exactly how I took it. show you exactly how I took it. So, one, we've been having this We had
this movement. Um we tap into this demand zone that we have here. This is a demand zone. We tap into it. This was also a good trade. We tap in into it. And we went all the way. We didn't break structure. This here
this particular one we have here me this one is an internal structure. So it's not a break of structure, but this one here this is a top. What we What we rather did here is that we made equal high
in this place. Okay. But still below it we have a chain a a demand zone. This is a 4-hour demand zone. If I go to the 4-hour it becomes really clear. The 4-hour demand zone. So at least I expect the market to react
from it. And I expect the market at least when it reacts it should at least get to the Fibonacci golden zone. So what I did was to pull the Fibonacci from this top all the way to this bottom. Okay. And I was my target
to get out is in this region. Okay, this was my target to get out of this particular trade. Let me just represent it with a line. So Let me just represent it with a line. So my target was from here.
I should consider leaving this particular trade. I'm going to make it a little yellow so you see that more clearly.
watch my videos you see I don't blindly enter a trade when it taps into this region. To do to enter the trade we'll have to go down to um to the 5-minute time frame. So I'm going
like shift this. So when I go down there you see it. So when I go down there you see it. So on the 5-minutes so this was where I said I enter the trade. And you know what we look for.
Okay, this here is an internal breaker structure. This particular one here. Internal breaker structure.
character. When we had when the candle body closed, character. And like I said, how do you enter the trade? You take a long position from that point.
Okay. I get the bottom. Then go all the way to the target, which You can see that this game this didn't give a three hour and I said that
I only take trades when it gives a three hour. So this is a 2.36. lower. The The problem with this is that sometimes you might miss a trade.
But in a lot of cases they they usually a retracement. So this retraced fine. And you see this happened over the weekend. And the trade I don't know what I had to decide. So that is the first the very first trade.
Um if you watch if you attend, you will see that it's always simple. Um when you hit a demand zone and a supply zone or the golden zone, you go down lower to 5 minutes if you're doing swing trading, then you just simply look
and you enter the trade. This is how simple it is to to just do this trade. Now, the second trade is a very is Let me show you the second trade. Let me remove this.
or the first situation I did that video where I talked about 1 minute 5 15 minutes and 1 minute as a day trader. Some comments are saying this this is going to blow your account, but this trade here
I actually took this trade on the 1-minute time frame. And there's a trade that I'm seeing that is similar to this today. I'm going to This trade was taken on the 1-minute time frame. The This one is actually a
swing trade. This one is a day trade on the 1-minute about? One, we've been having One, we've been having um
this low. We have this whipsaw. Um internally, yes. So, this is on the 5-minute on the on the 15-minute, but on
15-minute, I'm going to see a similar thing. thing. I'm on the 15-minute right now. Um Okay, yeah. So, on the 15-minute, this is a demand zone.
Okay? It's a demand zone. fair value gap and we had a break of structure from this movement over here.
Now, when this comes down, we should expect that price goes away from it from away. But what happened?
We didn't get that. We had a demand zone fail like here from here like this is a demand zone fail. So, this demand zone fail fail failed to hold.
Um So, this is a demand zone filled. above that demand zone, we had we had a supply zone here.
So, from here, the market can do either of these two things. One, we have already filled this demand zone. We are now in an efficient zone, which means now in an efficient zone, which means that this particular target here,
taken out. Okay? if it's going to be taken out, I expected a tap into this demand supply Then, when I go down to take out this target, that was my whole plan for this
particular trade. If you watch one live I did one other time, uh like two lives back or three lives back, I showed exactly this kind of trade on Ethereum, and it just played out this particular way.
So, if this is the target, then you want to wait for a tap into this zone. trade blindly. You still want to wait a for a confirmation entry. minutes, that is where the 1-minute now comes
into play. So, on the 1-minute, I'm going to show you exactly how that I'm going to show you exactly how that played out. a tap into that zone. So, on that one on that 1-minute, you
can see break of structure here. Then, what do you see here? Change of character.
at this particular point. So, this is the point you want to enter this is a good enough point. And my target was this button. target was this button. So, this is a short position from here
above here and target here. This is 2 1.29, but this is not the trade I entered. Like I said, normally I would just do I can just you can just do this. Do
can just do this. Do uh risk-reward ratio of at least three. Okay? Like this to take the trade, which worked out really fine. But the other way I did this was this.
When they started pulling back up, I ended That's why I have this line here. I ended up pulling a Fibonacci from this point to this point. Okay?
Then then my entry was the 705. So, short position from the 705. Target above here and stop loss here.
And target still at that particular point. So, this give it even a a bigger risk-reward ratio of 3.65. So, even if you have it here, but ultimately you want to go for three. So, this uh is
show you that trading on the 15-minute and 1-minute still works. It is called dynamic trading. If you see opportunity on the 15-minutes and 1-minute can give you that confirmation,
enter. The only thing I I say is that you must wait for confirmations to Okay? Because if there's no confirmation here, this trade can just go a different
Always wait for confirmation to enter the trade, especially when to go ahead and delete some of these things. I just had it I just had it on to show you that before
I delete it. So, now let's look at Ethereum today. today. Then we're going to go ahead and talk going to do today is simply walk you through where we have been
coming from on Ethereum. Right? Now, I'm on the I'm on the daily I don't even need to go uh as low as daily or high as daily. Let's go back to the 4-hour time frame. So, ever since we had this um
consolidation here. And it dropped down, consolidation, it dropped down. I've been expecting a consolidation and it so it dropped down to this particular point. That is what I've been expecting, but
this may happen, it may not happen. B- um Ethereum may just fall, Bitcoin may just fall. If it happens, don't be surprised. Um it can happen. Uh we're give it time if it happens or not. All you're interested in it is the
to, you know, um to trade this. And of course, if we get down below here, if you get down if you did if this this happens, then this is when I'm going to I'm going to start loading up in
Ethereum again in this spot market. Start loading like buying Ethereum in the spot market again. Another news that that came out this um Tom Lee Tom Lee is the creator of
Litecoin. He has been on a mission to I think buy or to to own 5% of the total supply of Ethereum. I will notice that last week the amount of Ethereum he bought reduced
significantly when compared to other weeks he has been buying. So, um which is a bearish news for Ethereum. Okay, so going back
we have been in this Ever since this drop, we've been ready to say this this is all ranges. We've bottom here to show that okay, well my this might be
a place we can drop from or not. Then if we now go deeper now, what can we observe? We have here a breaker structure to this structure, retrace meant into this zone.
So breaker structure, impulsive move, retrace meant move. We might again breaker structure here. Okay? So I should expect if I was meant to go higher at least a
retrace meant into this zone before going higher. We are still in the before going higher. We are still in the leg of that retrace meant. retrace meant into this zone. Ethereum should go short into this zone
to go higher. If you're working off of this breaker structure and this breaker this breaker structure and this breaker structure over here.
here. So this is just telling me that if we get into this region, um I might have we get into this region, um I might have to consider going long um from here. Then we can now look at this particular leg action inside here.
So we'll now know that after this from this breaker structure here, um this is the golden zone,
which aligns with this demand zone that I should expect Ethereum to retrace from and go higher if we don't all crash. All right? This is that particular This is the um
So, this retrace to this zone. Knowing that, we can now go look at internal structures now. So, here when we had break of structure
change of character, it was a cue that we are going higher. From there, we retraced. We didn't hit this zone, but we went higher. Broke structure, retraced, hit the right zone, went higher.
Then, we didn't retrace here and broke structure, hit higher. This to me is more like just liquidity, okay? They're just like liquidity for that form here. This is became the root the true break of structure here. This
became the true demand zone. So, we did all these movements and came lower into this zone. If you are working off of this, this it means that this becomes a change of
character. This becomes a break of structure. That is based off of this particular one. Then, we tap into this demand zone, went all the way. If you are looking at this break of
structure here, this one. Hope you guys are following. If you're working off of this, this becomes the high. So, if this high was broken, then I'm more positive that we can keep
then I'm more positive that we can keep going higher. But, this high this last this this movement this one this one
If you broke this, it becomes a change of character based off this this break of structure. Then, I'm more positive to have this come this way and go this way. But, this didn't break it.
So, if we go back now and zoom in into this zone. then we're making progress. So, we just have
So, we just have We have this zone as the low. We now have this zone. This one.
here. This is the low. Everything we've been having inside here is just consolidation. We've not broken out of this. So, how then do we trade this?
consolidation. We've not broken out. So, how then do we do we trade this? Okay. So, like I said, we took a trade I took a trade here. This is the last demand zone we had and
This is the last demand zone we had and that was respected. Okay. So, two things We can actually go up from here because if Let me go lower to
1 hour. I'm going lower to 1 hour now. So, because if you look at this this movement did hit this I'm going zone. But we have not seen a movement downwards to take this out and take this
out because if this is taken out then we are sure that we are going down. This has not been taken out to give us the signal that we are going down. We are just still consolidating within this particular zone.
And this last movement, you can see the the movements are not really giving us are not really giving like a proper structure to say I'm going long or I'm going short.
So, two things I have here two things two things I plan trading here is this. One is One is at the top here we have
this one of our supply zone. So, the possibility is this. We already tap into this zone. Price can go high to this zone and go lower. One possibility.
Of course whenever price hits a a supply zone, you you don't get it, you don't trade it. This is what price can do. This is becoming a a longer class because I'm trying to get this out and explain it
instead of just telling you guys this is what I'm looking forward to trade. price hits here with a with a week. Um possibly one possibility is to enter
But, when I went to the 5 minutes, I didn't see an entry. I didn't see a here. Another possibility is to when price gets here we want to look for a confirmation here
to actually enter the trade to go lower. In this case, it's just simply to target this zone. So, to for this trade So, to for this trade I'm looking at this particular low.
So, if gets here gives confirmation then I'm shorting this Ethereum to this at least this point.
taken here. And the trade that I told you now that was taken in this region. But, if price comes here and it not give us a confirmation and keeps going
higher, okay, and breaks over this, then I want to look for a confirmation, a retracement to go higher and trade this to this point. So, these are just the things you have to
watch out for in Ethereum to take Ethereum trade. One is possible entry The reason why confirmation is very important here is because you can see here we didn't have a break of structure. This is a candle body um the
candle body the body of the candle did not close. Uh okay, someone is asking why short. I'm explaining it. Um one is it it the it one there's no confirmed
clarity in this. Um again, if we had the Fed chair um make the announcement, price can actually go up and all these things become invalidated. So, to go to actually take this trade, one is that I
really want a confirmation here. I don't get a confirmation, then I'm not taking this trade at all. But if we break through, now break through, then I want to look for a retracement
into say an order block depending on how this forms, then I want to take a long position to this point. When we get here, that is the point I start considering another confirmation to get to go low.
So, this is my trade plan for Ethereum. Ethereum right now is quite messy. It's not really clear based on the fact that we're just having a a consolidation in this region.
Bitcoin. Um for Solana, If you look at this, okay?
Over here, I marked out a 12-hour demand zone. Again, after this leg of movement is being consolidation in this region. We've not moved. Structure has not been
We've not moved. Structure has not been given at all. break of structure. Then we move lower and had a change of
character. When we had this, I was like saying I'm bearish on on Solana. And um a trade was actually given here. didn't take this particular trade. Um but from here, we now had
this closure above here again. Closure above here. So this now becomes a change of character from this point. We had break here.
We had break here. But this break I'm seeing here is not actually very significant to me. I would have preferred that we had more break above a high then we can now look towards
doing this to this particular zone. But again, this is a this is a change of So how do we now trade this? We're going to go lower to the um lower time frame.
having this and also a break of structure from this region.
So which means that from this break of structure, from this change of character, if we start going lower, I'm expecting um a retracement all the way to this
region to go higher, okay? to go higher, okay? That's what I expect. If we do get that. But we are still in this particular um region for Solana.
So, because of this breaker structure, I should expect this. I should expect um I should expect this movement higher. Okay, to keep on going higher.
But then again, and the reason why I marked this this particular line here is this is the line that if we cross
if we cross this line, let's say we cross this line, then I am going lower. It gives me more confidence to go lower. This is the line confidence to start going lower. So, from here,
wait for confirmation. Um, one is that we tap into just the way we did on um just the way it happened on Ethereum. Price tap into here. If you go lower to
the 5-minutes time frame, is there a confirmation? There's no confirmation at all. And like I said, I only trade if I see confirmation Then if you look at this here, I'm seeing a confirmation here.
here, I'm seeing a confirmation here. This is more like um from this region. Um
here. Okay? Um, but the reason why you have to be careful with this is because this is a demand zone. Price can keep going higher. So, this is a
riskier trade. What is a riskier trade I'm talking about? Is that when price gets here, you might want to look for change of character again here. If we get it, we can take a short position to this particular low. This is
actually a trade that will take place on the the smaller time frame.
the 1-minute time frame. Uh let me look at this. Hold on. From here, this is a trade I'm actually going to consider
taking even though we are not in that in the time frame. This is a trade that the time frame. This is a trade that I could consider taking like taking a short from this region
from this region to this region. taking because we are going we had a a low time
frame change of character. But, this is ultimately ultimately here. This zone is is we're giving more confidence if we have this thing pop take place in this particular zone. This is what will give me more
confidence. Lastly, on Bitcoin because I like to Lastly, on Bitcoin because I like to spend 13 minutes and we are way spend 13 minutes and we are way um we are far away from that time.
the same thing for me. Um one is this. This is on a 4-hour. I've been having break of structure, If you watch this, this is the last
break of structure. So, this is the for this Okay? Um Um this is the
I'm considering for this bigger breaker structure here. But, if you look at the smaller ones internally here, especially this one, consider. So, this is the area of interest that I
would consider taking a long position um for Bitcoin from. And again, guys, what I consider a lot is even though I said
I'm considering this area, like I said, I'm considering it. And the only reason why I would enter the trade is if we have um confirmation entry within that zone. If
there's no confirmation entry, you don't take it. Confirmation entry is is a confirmation that your bias is correct or your your bias is not correct. So, now on the 1-hour,
on the 1-hour, this is the zone I'm looking at. You see this zone? I have an I have my alert on this zone. I don't see I don't see this demand zone here as holding. I
just left it here. If we have If we have this chart breaks down this week for Bitcoin, then I'm considering going short
considering going short to this zone. That is just my play for Bitcoin. Whenever we break below this line, now we break below this line, I'm considering to short to this line.
This is where I'm going to observe. If the market reacts from here, I'll I'm going out. If it doesn't react, then um I'm keep on going short. I don't think this is going to hold. It might hold, but I just feel like it's not
significant structure here to make it hold. The last significant particular one. So, that is it for um Bitcoin, Ethereum, and Solana.
at some trades to see if I can take any trades now. This is almost 40 minutes since we started. questions. Um but, I I have an information to give.
One information is this. On we are starting the trading challenge where I'm giving out away the iPhone. I've mentioned it a lot of times. Um to attend our challenge, uh
join our Telegram group. I'll leave it in the comment in the description. Join the Telegram. We'll hold a class tonight by 8:00 p.m. to talk about the challenge, what is going to win, who is going to win, how
much is up for grabs, and all that. So, make sure you attend our Telegram live to talk about that. And yesterday we had a live where we talked about the
the We talked about the CopyMe, the platform I'm building where you can copy my trades and to the professional traders directly from there just by connecting your
accounts. Choose your trade amount, and just copy trades. So, that We talked about it yesterday. We have started the beta testing. So, um stay tuned. Stay
Stay locked in to know when the price is out. Again, just go ahead and join the Telegram community to get all this information in real time. I'll see you guys um on Monday again for
analysis of the forest market. Bye, everyone.