The long positions established in the morning of #ETH do not need to worry too much; the backbone, Bitcoin, is still in an upward trend and has not broken below this trend. The lower it goes, the closer it gets to a complete reversal to the upside. Adding positions around 1800 to lower the average cost is also possible. Entering long positions now is also a good option.

Did you not notice? The pullback lows of Ethereum are getting higher and higher, and it has easily reclaimed 1800 now. Who would have thought it would reach 1800 back when it was at 1575? Everyone thought it would drop.

Ethereum is strongly rebounding, making it a good time to enter long positions. There’s no need to feel it’s too high; it has genuinely broken through. Once it’s a real breakout, go long and see how high it can fly! Being afraid of heights won’t make you money; if you’re still short, you might get liquidated.

A strong breakout should look towards the next highest point, taking profits in batches during the process, or exiting and repeatedly going long on dips. The highest point has an optimistic potential of 2070-2100; currently, the first hurdle is 1860-1870.

The current rise of Ethereum is not enough; it’s still too little. Those chasing long positions should not panic; the overall situation is good. During dips, people are often afraid to go long. This market may still have the potential to chase the dip and get trapped, so hold your long positions and patiently wait. All waiting will be rewarded. $ETH