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Today, the U.S. July PPI year-on-year data was released, which was higher than market expectations. This had a certain impact on the Crypto Assets market. Ethereum (ETH) price experienced a rise opportunity around 459, and I believe that quick-witted investors have already profited at the high.
However, the current ETH price has already pulled back. For investors who have not yet entered the market, this is a signal to stay vigilant. It is recommended not to rush into a pump, but to patiently wait for the end of the pullback before considering going long.
In crypto assets trading, an important principle is: opening a position must set a stop loss. This not only helps to control risk but also assists investors in maintaining rationality amidst market fluctuations.
In the current market situation, it is crucial to remain calm and patient. Waiting for the right entry opportunity is often more beneficial for long-term investment success than blindly chasing price rises. Closely monitor market dynamics and conduct thorough technical analysis and risk assessment to seize opportunities in the rapidly changing Crypto Assets market.
Remember, investing requires wisdom and caution. I hope these suggestions can be helpful to everyone. Let's move steadily together in the wave of Crypto Assets.