Update on market outlook, ETH has been oscillating between 2100-2700 for nearly 2 months since pulling up from the bottom. Currently, it has upward momentum and continues to break through.
For those looking to short, there is no cost-effectiveness in shorting around this range; if you want to short, you can try at the 2700 dense trading area.
However, I will not short; I previously mentioned switching to long positions. As long as ETH attempts to break through here, I treat it as a genuine breakthrough. Standing above 3000 is just a matter of time.
The long-term long position remains unchanged, while the short-term position hit the take-profit level at 2580 last night.
