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$ETH This ETH trade is all about a low-position reversal.
A lot of the time, the market doesn’t suddenly start up; it slowly changes structure while nobody is paying attention.
Around 1,800, market sentiment is relatively cautious, but the chart has already started showing signs of a stop in the down move.
Then it saw a continuous rebound over the next 4 hours, with the price back above 1,900, as the uptrend gradually gets confirmed. #ETH突破1900美元
Placed a long around 1,872; the current price is around 1,937.
The most comfortable part of this kind of setup is getting in early, rather than waiting until everyone understands it and then entering.
For ETH, in the short term keep watching the 1,955 resistance level.
If it breaks through, keep looking for the continuation of the uptrend. If it spikes up but meets resistance, we’ll also consider protecting profits.
When you trade, you make money from an information edge—not from chasing pumps and selling at the top. $BTC
$BANK