Without saying too much, let's not beat around the bush. Ethereum made a surge this morning, reaching a recent high, but the aggressive push did not continue, and on an hourly level, it has fallen into a pattern of oscillation and decline.
At this moment, many friends must be feeling confused and hesitant to open positions. Missing out on the market makes you regret it.
In fact, before this round of market started, many friends were active in my comment section. At that time, at a price of just over three thousand, I clearly stated that it was a good time to enter, as the opportunity outweighed the risk since the conditions for a surge were already in place.
Now Ethereum has risen to 4600, and some friends are asking: Can I still enter now? Will entering now mean I'm chasing the high? This question is actually the same as the previous one. I have always believed that the potential of Ethereum is higher than that of Bitcoin. If you want to buy spot, it’s still not too late to enter now. Since the beginning of last month, Ethereum was still at two thousand, and I emphasized my long-term optimism. Now I still dare to assert: The outlook remains bullish!
If you are trading contracts, the opportunities are even greater; the current Ethereum is an asset favored by capital. If you don't know how to operate, then wait for consolidation. Recently, all of Ethereum's surges have come after a period of consolidation. When you see the K-line moving flat, you can consider taking a long position. If you are afraid of chasing the high, then you can short. Because after each round of market surges, there will be escaping funds, and when it falls into a correction, you can enter. If you really don’t know how to proceed, just come and ask me.