Yesterday, a friend closed his eyes and bought 20 Ethereum at around $2,200 according to Sanma Ge's strategy and point.
Currently, he has a profit of more than 6,000 U.S. dollars. Do you want to sell it?
There is a 3,000 US dollar position at the extreme point of Ethereum that needs to be covered. Normally, around 2,780 is a strong pressure point, which means that when it reaches 2,780-2,800, many people will run away and smash the market. After all, there are too many people who are trapped at 2,800.
But there is a game here. For example, if it can quickly reach around 2,800 this week or within 10 days, then 2,800 will inevitably fall. However, if it does not reach 2,800, but Ethereum has been bottoming out and fluctuating at 2,200 or below for a long time, such as fluctuating for 1 to 2 months, then it will go up after 1 to 2 months. That is a reversal. At that time, 2,800 is not a strong resistance, so this timeliness is very important and must be remembered.
As for this friend asking whether to sell these 20 ETH, it depends entirely on whether you are in a hurry to use the money in the short term? Or is your bottom-fishing with spare money? If you are not short of money, you can hold the spot according to the medium-term thinking, and then decide whether to make a swing trade based on the timeliness of whether it reaches 2800 quickly or builds a bottom at 2200 or below. $ETH
