Ethereum has no historical trend to refer to. If we really want to reference it, the 4100 mark is the real turning point, with monthly level pressure. Every time it reaches this position, there will be a monthly level pullback.
So it's best not to fomo at this position. The monthly line resistance is less than 10% at most. I feel that we should at least reduce part of our position around 4000 to manage the risk. If the daily resistance is broken, consider adding to the reduced position, as there is not much loss. If the monthly line again exerts pressure leading to a monthly pullback, the reduced position not only guarantees profit but also allows for further buying. In fact, what this market competes on is not a hundred percent accuracy, but the flexible use of strategies and positions. If you always bet on a hundred percent win rate, then if you are wrong once, you will also lose a hundred percent. It's not meant to be preachy, but rather to objectively state a fact.
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Ethereum has no historical trend to refer to. If we really want to reference it, the 4100 mark is the real turning point, with monthly level pressure. Every time it reaches this position, there will be a monthly level pullback.
So it's best not to fomo at this position. The monthly line resistance is less than 10% at most. I feel that we should at least reduce part of our position around 4000 to manage the risk.
If the daily resistance is broken, consider adding to the reduced position, as there is not much loss. If the monthly line again exerts pressure leading to a monthly pullback, the reduced position not only guarantees profit but also allows for further buying.
In fact, what this market competes on is not a hundred percent accuracy, but the flexible use of strategies and positions. If you always bet on a hundred percent win rate, then if you are wrong once, you will also lose a hundred percent.
It's not meant to be preachy, but rather to objectively state a fact.