Today’s Trading Summary:
Today I opened a long position on Ethereum (ETH) as I noticed a bullish breakout above a key resistance level on the 4-hour chart. The RSI was also indicating momentum strength. I entered at $3,050 with a stop-loss set at $2,980 to manage risk. My target is $3,200. I’m closely monitoring the volume, which has increased significantly in the past few hours. I also exited a BTC short position I was holding since yesterday, closing with a 4% profit. Overall, I’m maintaining a cautious but optimistic approach due to market volatility.