The opening price in New York is 2940.
After the opening, I immediately sold, but Ethereum continued to rise strongly on the 1-minute chart. If the price surges again, it may reach 2950.
Ethereum, Bitcoin, or SOL do not play that kind of "back and forth" random fluctuation.
This kind of play is just the appearance that the public sees in the market.
Real institutions do not operate like this—they first lock in both longs and shorts through buy and sell traps, and then push the price direction.
At the opening, sell at the forefront of the buy orders, and wait to buy back from them after the institutions enter the market.
Only when this actual buying and selling behavior occurs will the price truly be pushed to what is referred to as the "back and forth" position.
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