#ETH
《Trend Changes — Current Market Analysis》
After more than a week of 110,000 for the big coin, it has finally arrived. Ethereum has also broken through the resistance above 2520. The altcoins that we suggested to position in a few days ago have all gained around 10%. Whether the big coin can break through 110,000 to create a new high and whether Ethereum can lead the altcoins to continue their recovery is uncertain. However, based on the current market situation, we are not allowed to be passive.
Among the recommended cryptocurrencies, NEIRO, which was bought around 0.00039, has performed quite well. In the face of uncertainty regarding whether there will be further recovery, taking profits and exiting is a more prudent approach. Currently, it is facing resistance around 0.00045, and if it can stabilize, we can consider re-entering.
For WIF, which was positioned around 0.8, the trend suggests that in the short term, we should only see around 0.9. A profit of about 10 points is already sufficient to exit. The resistance at 0.9 is also suppressing its rise, so we should clear out and look for the next opportunity.
PEPE near 0.0000097 is somewhat different. It has just broken through the resistance at 0.00001. Whether it can stabilize still needs further observation. A stop-loss can be set at cost price. If it stabilizes, we can continue to hold until around 0.0000115; otherwise, we need to exit early.
BOME around 0.0015 is similar, with resistance at around 0.0017. This is the position for reducing holdings, while support remains near our entry point. Its performance this round has been relatively poor, and it can also be cleared early, ensuring we exit with profits.
Continue to pay attention to TACO, providing you with valuable reference information for your trading. After this round of exit, wait for the next entry opportunity, moving forward together with you.