$ETH Today we provided everyone with a pullback support for long positions. If you managed to enter long positions, first of all, congratulations! If you bought Bitcoin at 109000, the highest rebound was around 110350, which means a profit of 1000 points for long positions. Remember to reduce your positions in batches! The upper resistance is around 110300 and 110800, which is indeed a bit high!

This market is indeed behaving a little abnormally, with strong rallies and forced upward movements! Honestly, going long is also quite nerve-wracking, as the previous high resistance is still there. This wave has already risen by 10,000 points since bouncing back from 100300. How can one not be afraid? There is a fear of large players and institutions suddenly cashing out, and a fear of failing to reach new highs and suddenly crashing. The market never only goes up without going down, so long positions must be cautious and reduce positions in batches!

For those waiting for a pullback to enter long positions these past two days, it has been tough. Being conservative means you miss the opportunity to get in, while being too aggressive in chasing after rises makes one fear a pullback from high positions. Thus, long positions are indeed challenging, and those who are stuck in short positions are even more uncomfortable, waiting for a crash, a downward plunge, a waterfall! It's a bit nerve-wracking; long positions must not be too greedy or lose perspective! This market indeed fears sudden drops!