#ETH 16: Starting from 15 minutes into 5 minutes, Ethereum 1806 rose to 1841. Right now, it feels like the peak, yet there are still buyers. When it was dropping, everyone predicted it would fall to three digits, but now that it has risen, some major players are bullish, and it can still be pushed up. If the sell orders reach the previous high around 1838, this trade has already taken profit.

At this moment, Bitcoin's high point is slightly lower, indicating a sideways fluctuation. Altcoins are considering catching up, and Ethereum might be one of them.

Bitcoin and SOL broke through before today’s opening, but Ethereum did not break through. The market owes Ethereum a breakout; is this making up for it? Weak Ethereum, weakly making up for the deficit. If that’s the case, it might be worth trying to short, following Bitcoin down further, with a stop loss at 1815 (better to use 1841 for now).

Although personally, I want to switch to a long position, the fact is that some have chased high prices to go long, and it needs to drop a bit before going long, so it’s better to stick to short for now.

After a slight drop, one can go long. Ethereum started its rise late, and the duration of the rise is short; there’s still room and potential for growth. After a drop, going long at $ETH is feasible.