Today, a high short position of 2520-2530 was given, and it has now declined by 70 points.
However, there has been no continuation for operational purposes; the overall rhythm still revolves around the range.
In the short term, we are not looking at a one-sided market; the current market is suitable for short-term operations.
Ethereum is currently around the 2450 level, and it's a good time to enter a long position with a target of 2550.
$AVAX can be a focus in the near term; according to news, BlackRock has included it in its investment series.
On-chain data has detected significant buying of AVAX by a large account.
One could consider taking a position in this, which is also an established mainstream asset. Currently priced at 18, it may not be the lowest, but the cost-performance ratio is still reasonable.
The most troubling issue now is that market liquidity is too poor; the market is basically just oscillating, with no signs of sustained volume increase.
For the long position we entered earlier at $ETH , let's hold on to it and wait for the U.S. stock market to open to see if funds will flow in; at that time, the market may change.
If we reach a suitable position to increase our holdings, I will notify everyone immediately to add positions. Rest assured to hold onto your current positions!
