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ZEC's current performance is somewhat disappointing. After encountering resistance at 450, it started to turn around and has now dropped to around 437. Although the decline is not small, the coin's resilience is still quite strong, and there is clearly a lack of momentum to break down further. If you want to secure profits steadily, it might be a good idea to gradually exit positions above the two key support levels of 430 or 410. If a decent rebound happens later, you can enter a position again to try your luck.
Ethereum has been quite turbulent. Yesterday, I opened a short position at the 3000 level, and it has pulled back by about a point in the short term. To be honest, making such repeated swings has already been 4 or 5 waves, which is quite a test of one's mindset. However, from the MACD perspective, there is still some residual momentum, so I need to stay cautious. The focus is still on establishing short positions around the 3150 to 3200 pressure zone, and I'm thinking that if I can make a pullback profit of 50 to 100 points, that would be considered good.
It is currently the weekend market, and fluctuations are basically frozen. Next week, it will coincide with the Christmas holiday, and the large funds on Wall Street will gradually start their vacations. During this period, if there are no significant news, the market will be in sleep mode. Opportunities for making money can only rely on small positions to scrape profits between ups and downs. Once the holiday is over, the engine of the big market should start.
ETH is starting to stir again. Doing so many rounds of swing trading—can the mentality not explode? Maybe wait until after the holiday to talk.
Weekend sleep mode, just waiting for Wall Street to come back and stir up trouble. For now, only small trades to make a spread.
During the Christmas holiday period, the market is like hibernating. It's still more comfortable to lie flat.
ETH is still being tossed around; it's been four or five times in this swing trading, and it's really exhausting. It's okay to build a short order around 3150, but don't be too greedy for a 50-dollar gain; mindset is the most important.
The weekend's sleepy market is quite annoying, and with Christmas coming up next week, it's better to just grind through this period and wait for opportunities after the holidays.
After all this fuss, I can finally take a breather; I'm so tired.
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The trading strategy is not bad; I also reduced a bit around 429, just waiting to enter a position on the rebound.
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Is Ether still struggling at 3150? My suggestion is not to open and close positions too frequently, as it could lead to a mindset explosion, which is not worth it.
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During the Christmas holiday, just treat it as a break; the market is dull when big funds leave.
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ZEC can hold the bottom at 437 quite well; it's not as weak as imagined.
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The sleepy mode is indeed true; friction arbitrage is not as good as just taking a break.
I'm really impressed with the short order on ETH, this swing trading market is quite intense, and the mindset needs to be adjusted properly.
This weekend's market is like sleeping, the real show will start after the Christmas holiday.