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This week, ETH performed quite well. The market movement on the early morning of January 14th is still fresh in memory — between 4 and 6 AM, in just a few minutes, it surged over 200 points. Although our orders were hit during that move, it was the only misstep this week; it didn’t cause any serious damage. The key point is that the final profit results are what matter, and that’s what we truly care about.
To be honest, the number of orders this week wasn’t large, but we always focus on the final returns. Quality is more important than quantity, and this logic is especially crucial in trading.
Now the question is — where is ETH headed next? We’ve arrived at a critical point again. From the weekly chart, the closing price is right around the turning point. What does this mean? It means the next direction choice is very important.
My only advice to everyone is: stay vigilant about risks and manage your positions well. Don’t be greedy, and don’t act recklessly. Just like in life, when caution is needed, be cautious.
A new week, a new start. There will be further market analysis around 10 PM tonight. Friends who want to discuss in depth, don’t miss it. Wishing everyone smooth trading!