On the 15th, it was said to pay attention to the range of 3030-3060 for $ETH. If it breaks through, it will start an independent trend. After the breakthrough that day, it began to rise steadily, increasing by 11% over two days, with a peak price of 3425.
Yesterday, I impulsively saw it rise to 3300 and heavily invested. It went from 3300 straight to 3350. In the early morning, I was still contemplating whether to increase my margin. After thinking it over, I decided not to increase it.
What if the market continues to rise? Wouldn't I be stuck with even more? In the morning, I saw that my position was gone. I refreshed for a long time until I received the liquidation message, which made me accept the reality. I have to say, in this round of ETH, aside from institutional purchases, it was just providing liquidity for shorting users.
Shorting on the left side requires several attempts to hit the high point. My position was a bit too aggressive. It turns out that people are the least rational in the middle of the night; I just had to make a foolish move at the time I should have been sleeping.
$ETH can only be described as very strong. After a pullback in the 1-hour channel, it quickly surged in the evening session.
The ETH/BTC exchange rate continues to rise, and retail investors prefer to buy ETH over BTC.
With better cost-effectiveness, the rise of ETH has also driven up many altcoins.
Pay attention to the range of 3030-3060 above. If it breaks through, it will lead to an independent market trend.

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