It's really not easy. After about two days of effort, the long position $ETH ambushed near 1950 has also successfully doubled. Going long is indeed better than going short; when it falls, it really falls, and when it rises, it really rises slowly. It's about seeking victory steadily.

It's been a long time since the family has seen each other. Today, let's analyze $ETH .

From the 4-hour chart, Ethereum broke through a bottom range that had been maintained for a week yesterday. However, last night Bitcoin continued to rise, while Ethereum did not follow closely and chose to fluctuate.

Currently, Bitcoin hasn't retraced much. The latest two candles on the Ethereum 4-hour chart have formed a very nice engulfing pattern, with a bearish engulfing. It seems that Ethereum may struggle to hold above two thousand.

Pay close attention to the area around 1950; set good stop-losses, and you might consider going long.