Ethereum's four-hour level has broken above the weekend's consolidation range, standing above 3000 points. It is noted that the MACD volume is decreasing, and the trading volume of long positions is shrinking. This indicates that the upward momentum is not strong. The short-term resistance level at 3060 is quite strong, and it is also a position where multiple consolidations occurred earlier. Currently, the market sentiment remains bullish and optimistic. The downward trend line has clearly broken, but be careful not to take a Heavy Position while chasing the price. A shrinking increase can easily lead to a higher trade volume drop during times of strong liquidity. Entering long positions after a pullback is advisable #加密市场小幅回暖 .
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YukunReturns
· 1h ago
Secretary, at what price should I reduce my BTC position? I'll add back during the pullback.
Ethereum's four-hour level has broken above the weekend's consolidation range, standing above 3000 points. It is noted that the MACD volume is decreasing, and the trading volume of long positions is shrinking. This indicates that the upward momentum is not strong. The short-term resistance level at 3060 is quite strong, and it is also a position where multiple consolidations occurred earlier. Currently, the market sentiment remains bullish and optimistic. The downward trend line has clearly broken, but be careful not to take a Heavy Position while chasing the price. A shrinking increase can easily lead to a higher trade volume drop during times of strong liquidity. Entering long positions after a pullback is advisable #加密市场小幅回暖 .