Waking up in the morning to see the market still hovering around the price of 4300. My eyes are open, but my mind hasn't booted up yet. I grabbed my phone and directly placed long orders for ETH and two altcoins: AAVE and Fartcoin. This market has been consolidating at the 4300 level for 5 days now. If you ask me, we're about to reach a decision point in the market. At this level, I tend to lean bullish!
These past few days, whether it's long or short positions, the holding process has been quite torturous. It can't seem to rise or fall; ETH has been fluctuating within a $100 range all day. However, the good thing is that as long as it drops, it can hold up. The next day, as long as the price remains within the range, I'll go long.
The mood of the bulls is like a roller coaster. The market finally rose during the day, but after the data was released in the evening, it crashed. I can only scalp by going short and long.
49.56K
28
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.