Market Quick Review: #ETH
1D, I haven't been trading ETH much recently, but the current higher-level structure aligns well with my trading system. 1. MACD retraces to the zero line without breaking, forming a MACD golden cross, similar to a second buy. 2. The number of segments within the central axis > 5. Therefore, spot swing operations can be executed here.
30F, the previous trend exhibits bottom divergence, triggering a counter-trend, which is the strongest reversal structure. Currently, it faces dual pressure from the upper track of the central axis and trend divergence, so additional positions cannot be added, as there is a need for a pullback. However, whether it's a pullback of one segment or a pullback over a period, as long as it doesn't break the B central axis, positions can be added.
Trading Suggestion: Personally, I've already established a base position with the third buy in the A central axis and executed a follow-up buy with the second buy in the B central axis. If a pullback forms a nine-segment upgrade or a pullback over a period results in a higher-level second buy, I will continue to add positions with floating profits. The reason is simple: our goal is to break through the departure segment of the daily central axis. As long as the trend upgrades in the direction we anticipate, we must decisively execute the position-adding operation. When the direction is correct, we maximize profits. This is the correct way to open the door to adding positions with floating profits.