Yesterday during the day, $DOGE was still smiling, but this morning it stopped smiling, profits shrank, and there was a pullback;
When Bitcoin is adjusting and Ethereum reaches a resistance level, it's very normal for altcoins to show this kind of trend;
Here are two options:
1. Accept the profit pullback and continue holding the long position;
2. Close the position to secure profits, give up the intermediate profits, and trade in segments, waiting to chase in once it breaks through.
To be honest, holding onto coins is quite difficult, especially with leveraged contract positions.
1. The second take-profit level for $ETH has been reached, and the third take-profit level is a terrifying 4500U, a price that hasn't even been imagined in the past six months; now we can at least fantasize about it a bit;
2. This rally started from 1300, marking the main upward wave, so the previous main upward wave that started from 1500 has some reference significance, let's make a comparison:
1. Last time around 3000 dollars, it was also at the 0.618 level, and the daily chart was confirmed after several days of back and forth; this time, it confirmed slightly at this position and then surged directly;
2. It’s obvious that this time the momentum feels stronger and flows more smoothly;
3. Now the first and second segments of the rally have reached a 1:1 ratio, and I'm thinking of reducing my position again. This is the difference between contract traders and spot investors; holding on is too difficult for me. I would rather it confirm repeatedly, and after breaking 3800, I will continue to chase;
4. I still haven't figured out how to proceed.
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