Ethereum's recent market trend looks interesting. The daily chart has already stabilized above the 30-day moving average. The subsequent trading strategy is quite simple: consider going long when the price retraces to the 7-day and 14-day moving averages.



For now, put the bearish idea aside and wait and see. If the price really drops back to around 3100 or 3050, then using a small position to go long would be a more prudent choice. But jumping into a long position now is quite risky, so I shorted around 3190 to capture short-term rebound profits. This is purely a short-term trade, and I wouldn't recommend others to follow closely.

The logic for Bitcoin is quite similar. The technical analysis is similar—buying on retracements to the moving averages is the main idea, and there's no need to overcomplicate things. The strategies for both coins are actually consistent; it just depends on when the market provides those opportunity levels.
ETH2.03%
BTC-0.28%
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FOMOSapienvip
· 01-05 06:53
Hey, is the 3190 short position stable this time? Feels like this rebound is a bit strong.
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gas_guzzlervip
· 01-05 06:42
Haha, 3190 short position. This guy really plays it carefully. Wait for the rebound to take profits and then exit.
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rugged_againvip
· 01-05 06:37
It's the same old story of buying the dip and catching the move. It's easy to say but hard to do. That's exactly what I thought last time, and as a result, it broke through directly.
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Anon32942vip
· 01-05 06:34
Waiting for 3100 to get in the car again. Entering now is indeed a bit of a gamble.
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retroactive_airdropvip
· 01-05 06:27
The key level at 3100 is indeed tempting, but I really don't dare to go long now. Your idea of shorting on the rebound is reliable. Waiting for the right opportunity is much more satisfying than blindly entering. Anyway, the crypto market never lacks opportunities. I agree with the logic of going long on the moving averages; I'm just worried that during the pullback, everyone will be bottom-fishing, same story at the same level. This wave of Ethereum is quite interesting, and your analysis seems to be on a good rhythm.
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MEVHunterXvip
· 01-05 06:26
Wait, are your 3190 short positions really safe? This rebound seems a bit strong. Waiting for the 3100 wave, then going all-in with a small position. Speaking of the moving average long setup, I've heard this logic too many times. It all depends on whether the market cooperates this time. Is Bitcoin following Ethereum? Is there no independent trend? Can it really drop to 3050 this time? I always feel like it's going to sideways. Buying on pullbacks, it feels a bit like gambling.
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