【$eth】2025.6.12
What should I do if my long position is trapped? Will it rise back up? If it rises back up, should I sell? It can rise back up, and if it does, I can sell. In yesterday's analysis, I emphasized that the higher the price goes, the more active the bears become. What I didn't expect was that last night's price only reached a maximum of 2880, while I was looking for a breakthrough above 2840 to see 2920, which is also the upper limit of this round of increases.
Will this wave reach its peak? It's hard to say. Moreover, it has just started to decline, and it's not easy to directly reverse back up like a V. It probably hasn't reached the peak yet; this range will still fluctuate for several days. Although it hasn't peaked, the warning bell has been rung, meaning that if the price can go up, it's advisable to reduce positions. If the position is not right, it's better to run away first and then re-enter. Don't get here and still delude yourself into thinking the price will fly to 3000, etc. But will it reach 3000 in the future? It’s less likely; the pattern is too small. 1385 should be the major bottom for this year. Not saying it won't go higher, but a level around 3500 is still possible.
As for how it will move today, the support below is around 【2700-2730】; there will likely be a rebound here, and it's advisable to go long on the right side. The effective support below is approximately at the 2680 level. This means that when the price comes near this area, the cost-effectiveness of going long is quite high. As for the resistance above, the major resistance is around the 2800 level.
For the price to start an effective rebound, it must at least stabilize above the 2750 level. #美国加征关税 #加密圆桌讨论 #币安Alpha理财中心