$ETH Evening Thoughts:
The second contract is now also showing signs of wanting to surge upwards; it has been suppressed for a long time and now just needs a whistleblower. Once a whistleblower comes in to whistle, the second contract will take off directly from the ground.
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Speaking through the chart: The MACD fast line for the second contract on the daily level has already crossed the zero axis, while the slow line is still a bit short, but it will also cross the zero axis in the next couple of days. Once both the fast and slow lines are above the zero axis, the real take-off moment for the second contract will arrive, so be patient and wait.
For the second contract, break above 1835 to go long on the right side, and if it breaks below 1829, go short on the right side. Pay attention to the changes in volume and set good stop losses.
Currently, the second contract on the hourly level is challenging the Fibonacci 1:1 upward target position, which is 1857. As long as it can hold above 1857, it can look up to 1880, and if it pushes a bit harder, touching 1928 is also not a problem.
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On the 4-hour level, if it breaks below 1806 and can't recover, it will need to retest the 1780-1745 range. If the exchange rate for the second contract can stabilize above the daily level of 0.01991, it will continue to move upwards, targeting 0.02123-0.02267. I hope the exchange rate can steadily rise; meeting adjourned.
