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A little bit of advice and reference
Our recent positioning in Ethereum long positions is gradually showing results.
Everyone has long positions in Ethereum, right? The key level to pay special attention to is around 2020. If Ethereum breaks above 2020, then there's a high probability of an upward movement to fill the gap according to the 4-hour Bollinger Bands. Conversely, if this 4-hour rally fails to break 2020, it will revert to the parallel level of the 4-hour Bollinger Bands, returning to a larger wave pattern.
In short, it means to hold on to our long positions at the bottom in 2020, or to go long on a breakout. Conversely, we can attempt a small loss to short in 2020.
Be aware that there is still resistance near 2060.
The lows are getting higher, and just now the 2000 level was touched and held. If the upward trend continues, the middle band of the Bollinger Bands on the hourly chart around 1995 should not be breached.
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