If Ether closes above 4300 on the daily chart, it is still bullish. The worst case is that it cannot fall below 4270 in 12 hours; if it cannot hold here, then we will directly look for a fall. If it breaks 4160, we will directly increase the position to short.
If we follow the rhythm of Bitcoin, it seems we still have to look at the long term, as it won't drop in the short term. The weekly chart is very clear, with a big bullish candle for the week. The bullish engulfing pattern is obviously a bullish signal. Ether long positions can consider going long between 4160-4180. Stop loss at 4125. Long positions on Bitcoin can be considered at 117500~118000, with a stop loss at 116500. Personal opinion, not investment advice. Trade at your own risk.
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If Ether closes above 4300 on the daily chart, it is still bullish. The worst case is that it cannot fall below 4270 in 12 hours; if it cannot hold here, then we will directly look for a fall. If it breaks 4160, we will directly increase the position to short.
If we follow the rhythm of Bitcoin, it seems we still have to look at the long term, as it won't drop in the short term. The weekly chart is very clear, with a big bullish candle for the week. The bullish engulfing pattern is obviously a bullish signal.
Ether long positions can consider going long between 4160-4180. Stop loss at 4125.
Long positions on Bitcoin can be considered at 117500~118000, with a stop loss at 116500.
Personal opinion, not investment advice. Trade at your own risk.