ETH's current market is such that many people clearly see the right direction, but they run away after making a little profit and cannot hold their positions.
If they see the wrong direction, they stubbornly hold on. Because of this, they miss out on the big gains from ETH's surge!
ETH has risen to the price point of 4100; it's completely normal to see some selling pressure and profit-taking.
The critical question now is whether, after selling, there will be opportunities to buy back at a lower price. I see those people all shorting above 4090, trying to make money on this short-term move, which isn't necessarily wrong.
But I have some concerns; in the current situation, if ETH slightly corrects first and then directly breaks through to continue rising, those who are shorting will be in trouble. Moreover, look at it; ETH has strong buying interest on weekends, and the market enthusiasm is absurdly high—who can predict this market!
Many fans opened long positions around 3990 and 4000 but couldn't hold on, now regretting it and slapping their thighs! In contract trading, the biggest taboo is being right about the direction but not being able to hold, or being wrong and stubbornly holding onto the position. Many people originally had the chance to earn 5 or even 10 times the profit, but they were too timid to hold on, resulting in all their profits evaporating, and the originally profitable positions turned into just a little floating profit.
If you are in this situation as well! Unable to grasp the market direction, right direction but cannot hold, wrong direction but stubbornly holding on! In the end, only a few pieces of silver remain! You can follow me! I will help you turn the tide! 上车点
