$ETH Evening Thoughts:
If the big pie doesn't rise and the second pie rises independently, it is definitely not a good thing—just watch and see! If the second pie has the ability to rise independently, it wouldn’t have fallen to a point where everyone despises it; without that strength, it keeps making a fool of itself.
🥀
Let’s talk about the chart: What does it mean when the second pie makes a spike upwards at the hourly level in the afternoon? Is it reminding everyone that I’m going for a double spike to test the peak? Or is it saying that the second pie has exhausted its last breath and is about to free fall?
For the second pie, if it breaks above 1810, go long on the right side; if it breaks below 1800, go short on the right side. Pay attention to the changes in volume and set your stop-loss properly.
If the second pie can break above 1814 at the hourly level, look up to 1841-1889. I don't think the second pie can go up; it doesn't have that strength.
At the 4-hour level, if it breaks below 1783, watch for target positions below at 1743-1691. Just wait; something big is coming, meeting adjourned.