#The Future of Ethereum May 6th

Let's analyze the daily chart of ETH. After yesterday's daily performance, it basically stabilized at 1780, with a short-term pullback at the bottom. The daily chart pattern is actually in a consolidation phase at the bottom; as soon as it rises, many people will jump in. If it stabilizes above the 55-day moving average, it will break through 2000.

From the perspective of a single candlestick, the entire shape is an N-shaped upward line, and the order book shows a reduction in bearish pressure, indicating strong resistance above. A pullback may occur tonight on this line. However, the moving averages are upward, and a golden cross has formed at the bottom, making it the best time for everyone to buy on dips!!! The official upward point has not yet arrived, but the pullback will not be very large.

Everyone, click to follow so you don’t get lost. Here’s the core advice for making money,

The reason you are losing money is that you can't hold your positions. Think about it, is it you? After a small loss, you want to cut losses, and after a small gain, you want to take profits. Embrace certainty. Watching the market will never make you money, and running away early will never make you money. Start with light positions and low leverage, and increase your positions when a big trend emerges.