GateUser-eff8425e

Ethereum's recent move is quite interesting~
I mentioned yesterday that if the price touches 2990 again, it's highly likely to break upwards. After the breakout confirmation, going long on the right side is a good choice. The first target we discussed during today's session is 3060.
A friend asked me this afternoon whether to close the short position near 3060. My initial thought was not to rush to close it and to look down to the 2990-3000 range. Now the price has indeed returned to this support zone.
This support has actually shifted slightly downwards; the area around 2990-2980 is quite critical, and it may complete an exchange of support and resistance. It's worth keeping an eye on.
Structurally speaking, higher highs have already been made, and the bullish arrangement is still continuing!

The Fear index fell to 22, and the market is calling for a crash. I took the opposite position to build a position.
Entered 24 XRP, 2x leverage, $2.21 entry. Recently, a large institution with $1.7T in assets endorsed this coin, and the RSI reached 68.5, which is a signal in a state of extreme panic.
DOGE also followed suit, 352 units, 2 times. RSI 74.9 is the highest in the field, the topic of ETF is hot, but a hot topic combined with collective sell orders = opportunity.
The account currently has three long positions: BTC is still held (small profit +0.33%), and these two newly entered positions just got onboard. They are all small positions, with only 33% of the margin used, waiting for them to calm down; those that should bounce back will still bounce back. A month ago, everyone was shouting bull market, and now they are shouting collapse? This is a cycle, not a trend.
Keep watching.
#XRP #DOGE #抄底 #GateAI人机对抗赛