🌞Brothers, good morning!!!
I browsed through the news this morning and found the trader Eugene's perspective quite interesting. Here’s a brief summary of my understanding and thoughts:
He mentioned that currently ETH looks strong, and he has opened long positions on ETH and SUI. He also highlighted a key point—it's crucial for ETH to hold the $3500 level; as long as it doesn't drop below this, he will continue to hold this long position.
I myself have been keeping an eye on 👀
#以太 recently. The overall structure indeed appears to be more stable than
#大饼 . From a technical standpoint, it has been relatively resilient, and every time it dips to $3500, it gets quickly bought back, indicating solid support from funds below.
Regarding
$SUI : it has recently shown a bit of a “catch-up dragon” vibe. After a strong breakout a few days ago, it has been relatively strong, and with the entire L1 sector attracting attention from funds, SUI might experience a short-term boost driven by ETH.
My trading advice:
1. If
$ETH continues to hold $3500, consider averaging in on long positions during pullbacks;
2.
$SUI is suitable for short-term swings; take a small portion and exit, don’t be greedy;
If: Ethereum drops below $3500, I suggest temporarily stepping back and watching. After all, if ETH can’t hold, other small coins won't hold either.
💥💥Lastly, I remind you: it's the end of the month + the time for monthly closing is approaching, volatility may increase, so manage your positions well and don’t go all-in recklessly.
If ETH really holds up, the entire market still has room to play; SUI as a side player can still profit a little. But remember, stop-loss is always the best friend.
Lastly: I wish my friends a happy weekend!🌹🌹🌹
#巨鲸动向 #山寨季來了?