$ETH 0928eth early market maintains a slow rebound. If it doesn't break below 3980, continue to hold long positions.
The cost of the previous long positions was at 3950. It has been slowly moving upwards these past two days, but it hasn't shot up immediately, nor has it broken below the 3800 level.
Time has come to the end of September. Since the drop on September 13, it has already fallen for two weeks. It can't go down further, but the probability of a significant rise is also very low.
Currently, the trend is within expectations, just a rebound from the oversold low of 3815 on the 26th, looking up between 4100 and 4200. It's hard to grasp the timing, the latest thought is to give it a week, meaning until October 3rd or 4th, to maintain between 3800-4200 for such a long week.
How exactly it will move is unknown. Anyway, the long position at 3950 can take profit at 4100-4200. Later, there may be opportunities to short between 4100-4200, but that's a matter for the future.
Currently, just focus on whether the 3980 level on the 1-hour timeframe can hold steady. As long as this level doesn't break, it will continue to move upwards in the short term.