$ETH really can't be forgetful, the characteristics of Ethereum are indeed suitable for trend trading; those who try left-side trading are likely to be wiped out. When it falls, there is no bottom, dropping from 3400 to 2200 in just a few days. The same goes for rising; last September, it went from 2200 to 4000 without a pullback. Today, it went directly from 1750 to 2200. Those who chased shorts when it fell and chased longs when it rose have made a lot of money. Such a level of daily increase validates the saying 'the longer the horizontal, the higher the vertical.'
I also want to thank my trading system's stop-loss; if I had stubbornly held on like before, I would have been wiped out again today. I am grateful for this discipline that allowed me to exit early.
Now, let's talk about future views. The main force spending massive funds to push up will not be in vain; there will not be a big pullback, at most just a pin bar, and it won't be deep. This market actually has more people shorting than going long, and it will continue to rise. You can refer to the wave from May 20 last year; this wave is a recovery at the daily level, with ETH dropping from 4000 to 1300. At the very least, this wave's daily trend will return to half, around 2700. Today, we will look at where the small-level support is, and then continue to add positions.
