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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.