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Gold Digger Old Cat: ETH oscillates and fluctuates, short-term light positions to capture profits
This morning I shorted around 2080, capturing a short-term profit, then rebounded to 2090 to continue shorting. After being stopped out by the market surge, the price reached around 2110 and I opened another short, partially covering profits. All trades were short-term operations, I didn't hold long positions.
The market has shown a slight rebound from the bottom, with some increase in volume, but the current trend is difficult to hold both long and short. Buying pressure is under pressure, holding short positions can easily lead to losses. Overall, it's a volatile shakeout without a clear continuation of a single trend.
Weekend news is light, purely a capital game, with technicals only short-term repairs and no reversal yet. The overall pattern remains weak.
In this wide-range oscillating market, there's no need to force a big directional bet. Short-term trading to capture small profits is entirely feasible. Be sure to set stop-losses strictly. Saturday also has the possibility of a temporary one-way move. Prioritize risk control, stick to the rebound high short idea, and trade lightly with quick entries and exits.
Disclaimer
This article is only a personal market opinion share and does not constitute investment advice. Digital asset trading carries significant risks. Operations should be based on independent decisions, and profits or losses are your own responsibility.