Hello brothers, after returning from the May Day holiday, I found that this Ethereum market does not show any signs of good news before the upgrade. Today, it has been indecisive all day and has chosen to go down to retest the 1740-1750 range. Overall, the shape of Ethereum's movement has not completely broken the consolidation range, and the box structure still holds, indicating that the market is not very enthusiastic about its upgrade at the moment, so operations can still follow the box strategy.

Before the May Day holiday, I mentioned how to operate within the box: go long around 1740-1750, with a stop loss at 1720. This rebound will not be stopped out. The upper edge of the box has failed to break through multiple times, shorting around 1850. In between, there will be two stop-outs, each with a stop loss of $10, and then on the third entry, you can gain dozens of dollars in profit, which is the ideal scenario.

Since Ethereum is still in a box structure, you can try to enter long now, with a stop loss at 1730, which is the last lowest position. If you get stopped out, then wait until after tomorrow's upgrade to choose the direction to enter.