Ethereum $ETH , I mentioned yesterday that I bought back what I sold at the previous high, targeting the range of 4550-4650. Today, it seems to have reached the expected target, and perhaps if it’s strong enough, it could bounce to 4700, but that’s irrelevant to me as I have already exited.

Today, it looks like the rise is good, so what should we do? Continue to rise? Don’t get too excited. The trend and thought process of Ethereum have been clearly stated before. I bought in yesterday and after the rebound, I’m looking for a position to try going short! 4630 is a level worth noting. If this current four-hour candle closes bearish, I can consider a small short near 4630, with the stop loss set at the high of this candle. 4700 is the ideal position I am waiting for.