Ethereum experienced a noticeable surge on the afternoon of December 30th. It rallied from 2931 all the way to 3003, forming a standard long bullish candlestick pattern. The logic behind this market movement is quite clear—weakening US dollar index combined with short positions being actively covered. Once a key resistance level is broken, funds follow suit, pushing the price higher.

From a practical trading perspective, this position was entered at 2931 yesterday, with additional positions added at 2885 to average down, reaching a high of 3003. Based solely on the entry and the highest point, the profit is approximately 70 points. Although not capturing the entire move, maintaining composure and executing according to plan in volatile markets is already a significant achievement.

The market changes daily, and traders need to operate within their capabilities, diligently executing each trade. Consistently performing technical analysis, strictly managing funds, and continuously refining trading discipline are essential.

Additionally, taking ZEC as an example, the previous short position at 550 is now ready to be closed. As the year-end approaches, market volatility increases, and closing profitable positions in a timely manner is a wise choice. Tomorrow is the last day of 2024, and a new year with new challenges awaits.