Yesterday, I increased the internal team's positions by $ETH and $SOL
Ethereum target: 4190
SOL target: above 200
Currently, there hasn't been much volume in the bi-weekly period. Ethereum surged and then retreated yesterday, but as long as the trend hasn't changed, we still maintain a bullish stance. However, during the Asian trading hours, it appears that 70% of the buying volume for ETH comes from Chinese traders. One reason for this is that recent institutional public companies have increased their holdings in ETH. However, technically, the target SOL around 183 also shows a technical retracement, which is the weekly retracement level. For Ethereum, a large batch of short whales needs to be liquidated above 4000 points, while SOL hasn't shown significant volume for a rebound. It seems like the market makers are holding it down, but looking at the trend for SOL, it also needs to rise above 250. However, the recent drop has made the fluctuation of ETH around 200 points a norm, so we should hold our positions lightly and wait for opportunities to add to our positions next week during a pullback. With low volume in the bi-weekly period, let's just hold and wait for a rise.
Remember the current market situation, don't be impulsive; controlling your hands is more important than anything. Manage your position well; if the market rises, it has nothing to do with you, and if it falls, you won't be able to escape. Wait for the market to give signals; there will naturally be opportunities to add when the time comes. Right now is a time for patience.
