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Is this wave of Ethereum suitable for chase rising prices?
Currently, the bulls are entering the market and may face significant risks.
The current upward momentum has clearly weakened, and the market needs to adjust to gather momentum for the next phase. Secondly, there is a pin bar phenomenon at the current price level; after this situation occurs, the next likely step is a downward pin bar, followed by a rapid rebound.
So my current trading strategy is mainly focused on shorting in waves. I have notified my followers that I have set up a short position around 3045, planning to take short-term profits before exiting, and then reversing to go long in line with the trend.
Operation suggestion: Short near 3020-3050 #Eth