Recently, the outlook on Ethereum is as follows—our current position is a long on ETH with a stop-loss set at 3082, and we also have long positions in two altcoins.

From a macro perspective, after reaching the previous high, the market showed a series of bearish candles, but the actual decline was not significant, and the trading volume remained relatively stable. The chart for Bitcoin looks very tempting for a short position, but the problem lies in setting the stop-loss for BTC. As long as Bitcoin's gains haven't been fully retraced, it will be difficult for Ethereum to break below the key support at 3082.

This position can be held until the evening when important news is expected. Observing that Bitcoin's position has increased with minimal retracement space, and there hasn't been a significant outflow of holdings, this is also the third time it has approached the high point around 92,000 in this oscillation zone. Combined with the upward trend of other financial assets, funds may be front-running positive news. We have always been cautious about betting on news; every move is based on the actual market situation. The safest approach is to find the direction with the least resistance and the highest probability.

Currently, the altcoin sector has funds entering, but this influx is not sustained. The main capital is mainly engaging in low-buy, high-sell quick arbitrage. Because of this, our trading frequency in altcoins has been kept very low over the past month.