🧠From a structural perspective, we are still in a downward trend. Before the downward trend line is broken, we still have the possibility of further decline. 2700-2900 is a short-term support-resistance conversion zone. If your entry point is near this and the position ratio is relatively heavy, you can consider reducing some of your holdings when the price returns here again.
➡️We have a strong rebound after touching the upward trend support line. If we can build a reversal structure of the same cycle near this support line, then we will most likely usher in a new surge. The complex consolidation phase may last until the end of this month or even next month.
➡️Since I already hold 80% of my ETH holdings, I will consider buying the remaining 20% at a lower price (around 1700). My current holding cost is around 2480. If you don’t have any positions, you can buy some around 2200 and wait patiently.
⚠️Note that it is best to use the DCA trading method for spot trading, and you need to be patient enough☕️
Let's see👀
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