Let me share my thinking. After the negative news of the interest rate hike in Japan, ETH bottomed around 2780. At that time, I already said that the negative was fully priced in and would turn into a positive. So I kept calling for long positions all the way up to 3650. The levels at 2820-2850-2900-2920-2950 were also calls for longs because the major trend's technical and structural setup was there. The market has been oscillating in this range for a long time, effectively digesting the bearish volume. Currently, the highest point this week is 3220. The market has just exited the range-bound oscillation and still has significant upward potential. Before the major trend reaches the level I expect, I do not recommend shorting. I wouldn't even operate short positions in the short term. Pullbacks to go long are necessary. Next, I will wait for the price to reach 3350, then 3650 will be the target for this trend. After that, I will reassess #加密市场开年反弹 .
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Let me share my thinking. After the negative news of the interest rate hike in Japan, ETH bottomed around 2780. At that time, I already said that the negative was fully priced in and would turn into a positive. So I kept calling for long positions all the way up to 3650. The levels at 2820-2850-2900-2920-2950 were also calls for longs because the major trend's technical and structural setup was there. The market has been oscillating in this range for a long time, effectively digesting the bearish volume. Currently, the highest point this week is 3220. The market has just exited the range-bound oscillation and still has significant upward potential. Before the major trend reaches the level I expect, I do not recommend shorting. I wouldn't even operate short positions in the short term. Pullbacks to go long are necessary. Next, I will wait for the price to reach 3350, then 3650 will be the target for this trend. After that, I will reassess #加密市场开年反弹 .