$ETH (11/13 Ether Market)
This time Ethereum reached a high of 3443, encountered resistance and began to pull back.
The market is like the tide, rising and falling, like breathing, inhaling and exhaling.
This is normal and healthy; if it rises too high without a pullback, it will become overly exuberant and perish.
1⃣ Weekly: Upward trend.
2⃣ Daily: Also upward.
3⃣ Hourly: Starting to pull back.
✅ Hot Coins:
1⃣ pepe Like Ethereum, waiting for the village chief to drop the cup.
2⃣ ordi Continue buying above 40.
3⃣ popcat K-line is a bit messy, do not enter for now.
4⃣ grass Shows signs of a bottoming out, can start building a 10% position.
✅ Summary: Starting to pull back within the day, focus on short positions in the short term, friends holding spot positions in the medium to long term need not worry, it is not yet time to reduce positions. Spot holders can continue to hold and provide an opportunity for those with short positions to enter, waiting for the village chief to signal the end of the second round of bottom building.
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