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Let's talk about ETH, it's near the historical resistance, but this is a strong pressure zone. There's no need to gamble further, so I reduced my position at noon. Profitable positions need time to fluctuate and digest.
There is huge selling pressure near the previous highs. Bearish people believe that it has reached a historical high again.
The bullish sentiment here is merely a starting point, the place where long and short positions interact.
It surged more than a thousand in one go, and it's normal to pull back and accumulate strength.
The first section increased by 1279 88%
The second segment increased by 1726 80%
This segment needs to exceed 1726. The big pie is also weak, going up and then coming down, pulling back repeatedly. The short-term leverage is cleared out in a wave of high multiples. Here, treat it as oscillation to preserve profits. $eth