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Ethereum has recently shown strong performance, with the price stabilizing above key support levels. From a market structure perspective, the 3000-3300 range is an important battleground area, where the scale of short positions is quite large and has not yet undergone effective liquidation.
The current bullish logic is relatively clear: deploying Ethereum with low leverage, and once the target is reached for effective profit-taking, this conservative strategy indeed has a higher win rate. For traders looking to short, caution is advised at this stage—if the price breaks above 3300, the liquidation pressure on those low-position shorts will gradually release, triggering a chain reaction.
Looking at the correlation between BTC and BNB, major cryptocurrencies are showing a clear resonance in upward movement. Market participants should realize that the current upward cycle is not just a simple natural rebound; it may involve active liquidity adjustments behind the scenes. Recognizing this rhythm and choosing to follow the trend rather than oppose it is crucial for risk management.
In simple terms: follow the rhythm of major cryptocurrencies, go long with light positions, take profits when available, which is far better than risking heavy bets in a reckless gamble.