Only with appropriate stop-loss can one survive in the cryptocurrency market for a long time. A major surge that forces liquidation of short positions is best when it exceeds the weekly upper band.

It is also recommended to trade at the weekly upper band, which is around 106500/107000. From yesterday to today, Ethereum broke through 2000 and rose over 230 points. Bitcoin broke through 100,000 and rose 4300 points.

The pullback strength is weak for some, and now is a cautious time to short.

One should consider shifting thoughts to primarily making long positions on pullbacks.

It is suggested to look for a pullback to 101500/2000, targeting 104000/106000.

For Ethereum, 2150/70 is the target, looking for 2230/2300.