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万股长如夜
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ETH is temporarily showing strong performance, the rise 📈 is not over yet!
Recently, it has been fluctuating and adjusting repeatedly within the 1850-1950 range. The 1850-1900 range is a very strong demand zone, where most of the funds are accumulating; it is also the last line of defense for the bulls. If this range is broken in the short term, it is very likely to reach the next strong demand zone — the 1700 range. For now, this range is safe, so we continue to be bullish!
In the evening, long positions were placed near 1950 with partial take-profits. If the price goes up to take profits, we will continue to accumulate on dips tomorrow, as the panic sentiment has eased. After returning to rationality, this position is still quite attractive. After all, ETH has corrected nearly 60%, which is a significant pullback even in a bull market. Additionally, the three core factors previously mentioned that are optimistic about ETH's rebound have become more promising over time. Therefore, we can expect great things for the future market situation!
Recently, it has been fluctuating and adjusting repeatedly within the 1850-1950 range. The 1850-1900 range is a very strong demand zone, where most of the funds are accumulating; it is also the last line of defense for the bulls. If this range is broken in the short term, it is very likely to reach the next strong demand zone — the 1700 range. For now, this range is safe, so we continue to be bullish!
In the evening, long positions were placed near 1950 with partial take-profits. If the price goes up to take profits, we will continue to accumulate on dips tomorrow, as the panic sentiment has eased. After returning to rationality, this position is still quite attractive. After all, ETH has corrected nearly 60%, which is a significant pullback even in a bull market. Additionally, the three core factors previously mentioned that are optimistic about ETH's rebound have become more promising over time. Therefore, we can expect great things for the future market situation!
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