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Ethereum is currently fluctuating around 2000, generally following Bitcoin's weak consolidation. There is obvious resistance around 2060 in the short term, while the support at the 1900 level is relatively strong.
In terms of operation, a rebound to 2030-2060 can be a light short position, with a stop loss at 2100; a stabilization at 1900 can be a buy position, with a stop loss below 1880, with strict risk control.
To hold long positions, the key lies in enduring volatility and withstanding fluctuations, without being disturbed by short-term ups and downs.
The market inevitably goes through repeated fluctuations; there is no need to be entangled in temporary profits and losses. As long as the direction is judged correctly, one must firmly hold the position with patience, ignore short-term disturbances, and only by holding on can one ultimately reap the significant profits brought by the trend.
Last night, the US stock market fell sharply, and gold quickly dropped to around 4351. In the early session, gold opened high and rose to 4420 before falling back,
currently oscillating and consolidating in the 4396 range. Moving forward, maintain a bearish outlook, and sell in batches as it rebounds to around 4440-4460, while strictly controlling risk.
Yesterday, when the short position was closed, it was promptly indicated. This morning, I woke up to find that gold had surged directly to 4580, and the market rhythm was well grasped.