#市场调整策略 25.01.08 Market Overview: Is $ETH really weak?
On December 29, 2024, it was mentioned that if Ethereum rises to two reversal zones and completes the deep sea crab pattern, there might be a possibility of a reversal; the short position that has been held for 9 days also perfectly closed this morning, but the profit taken was not much as it automatically closed at the support level of 3490; not catching the tail of the fish is due to many thorns, but the body of the fish can be.
In trading, no one can eat from beginning to end, and no one can make profits every day through day trading; there are no guaranteed masters in the market; I find it easy to enter trades in contracts, taking mid to long-term positions, and seizing opportunities for a wave of profit; like a hunter, more time is spent waiting for the prey to appear, and when the opportunity arises, one must act decisively.
Currently, Ethereum shows no signs of a limit down, it is still in a pullback, and no large or small scale patterns have emerged; from yesterday to today, the market has seen a sharp drop with volume, and it cannot be ruled out that institutions are under selling pressure; retail investors typically do not experience such large fluctuations; we will see if there is a second retest near 3100, which will be a joint opportunity for spot and contract trading.
The above information is for market analysis only and should not be taken as trading advice; remember to like and follow, as it is my greatest encouragement, and I will continuously update financial insights every day.