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$EUL This batch of short positions was also an opportunity to set things up in advance—guys with the big base were able to eat a portion of profit early.
At the time, I didn’t choose to chase longs. Mainly because I saw that after the price surged to around 2.66 on the hourly timeframe, the buy-side order book support above began to weaken. Trading volume didn’t keep expanding; instead, the price fell below the short-term moving average. MA5 and MA10 gradually formed resistance, indicating that bullish momentum was starting to fade.
So after waiting for a rebound that lacked strength, I positioned a short in advance. The market then continued to fall steadily, and the rhythm basically matched expectations.
Right now, EUL is still relatively weak in the short term. 1.80 is a key support level. If it breaks, it may keep dropping further; if it rebounds, the main focus is the resistance around 2.0.
There are many altcoin-trading opportunities, but don’t blindly chase pumps. Only by understanding the flow of funds in advance can you capture the real profit that belongs to you.
#ETH重返1900美元 $BTC $ETH