The current state of the second market is in an upward movement on the Ema hourly and four-hour charts, which seems to have reached my favorite trading condition!!! According to my own short-term traditional operations, this kind of trend must not be shorted.

The pullback position has already appeared; here, going long can completely be done with a stop loss in mind, and who knows, you might even catch the subsequent trend. When I go long, I generally do it with a stop loss like this. The pullback position is around 4520; you can set a stop loss here to go long, and using a small position to add to your position during fluctuations is not a problem at all. If you feel that 4520 is not very stable, you can set a stop loss at 4500, which I think is also sufficient. However, for my large position, a 60-point stop loss is a bit much, so if I go long, I will definitely still set it around 4520.

However, in actual operations, I generally will not enter long around 4560 because there is resistance. When approaching around 4520, I may continuously add to my position; if it breaks down below 4500, I will stop loss. If the market rises strongly, I can capture a good trend.

If it oscillates between 4520 and 4590, it can be quite uncomfortable. So now I'm watching whether 4520 will be consistently broken down and whether 4590 can be surpassed. If it doesn’t break down, I must be bullish; I haven't opened many short positions recently. Although I am currently considering whether to short at 4590, since I have a long position, I think I'll just hold onto it. If it falls back to around 4520 or 4530, I will likely continue to add to my position and take a gamble!!!!

That concludes my trading thoughts for today. Just to clarify, this is how I reference and operate in my short-term trades. $ETH