Today is Friday, and after #以太坊 surged close to 4000 USD, it began to pull back. This position is exactly where many large investors built their positions at low levels and are now taking profits — there is a significant amount of trapped selling pressure from the historical highs above that needs to be released, and additionally, retail investors and whales who bought at the bottom are also taking profits in batches, so in the short term, 4000 USD has become a clear resistance level.
However, after the tariff news is announced around the 10th, the overall trend still leans towards an upward movement, and Ethereum is still expected to challenge 5000 USD.
Following the precise profit-taking of long positions in the morning, I currently choose to stay in cash and observe, waiting for the U.S. stock market to open in the evening to lay out positions in batches.
The market environment is indeed good, but whether you can truly seize the opportunity is the core factor that determines how much you can earn.
