BTC (Bitcoin) has hit a new high, as if an exciting new high assault is underway, while ETH (Ethereum) on the other hand, is caught in a tough battle to defend the 3000 point mark.

Just yesterday, we were discussing the risk of a pullback for Ethereum, and unexpectedly, this risk has arrived so swiftly today.

However, to be fair, Ethereum has not shown a significant drop at this position, indicating that the 3000 point mark indeed has strong support and is not easily shaken.

Moreover, from the perspective of the pullback's time dimension, it has also reached a certain stage.

For those who were unable to exit in advance during this pullback, it is not advisable to hastily cut losses at this bottom position; rather, one should be more patient and wait for subsequent market changes.

Once Ethereum's 4-hour chart exhibits a strong upward trend again, it would then be time to consider continuing with the buying operations. Official WeChat account: Yunzi Community, no waste, good skirt

As for other MEME-type currencies, they mostly only possess high short-term speculative value, so timely taking profits is a more prudent approach.