August 21 Market Analysis
The market style has changed since yesterday, shifting from a past pullback to a new round of upward movement. This viewpoint was repeatedly highlighted in yesterday morning's video and article, providing hints for entering the spot market.
Once the new upward trend is confirmed, the trading strategy going forward is to buy low rather than short, and adjustments should be made in a timely manner.
Ethereum broke through the four-hour lifeline resistance starting from midnight last night and remains above it as of now.
Once the trend is established, ensuring that you are on the bullish side, holding patiently until the trend ends, is the most profitable approach.
Those who tell you "both long and short can profit" every day know very well in their hearts whether they actually made a profit or not.
Remember: once a trend is established, it will not change easily~
