The market for Ethereum does not show any positive signs ahead of the upgrade. Today, it lingered for a day and then chose to move down to retest the 1740-1750 range. Overall, the price action of Ethereum has not completely broken the consolidation range, and the box structure still holds. This indicates that the market is currently not very enthusiastic about its upgrade, so trading can still be conducted according to the box structure.

Before May 1st, I mentioned how to trade within the box. Go long near 1740-1750, with a stop loss at 1720; this rebound is unlikely to hit the stop loss. The upper bound of the box has failed to break through multiple times, so short near 1850, with two stop losses in between, each with a stop loss of 10 dollars, then on the third entry, one could earn dozens of dollars in profit; this is the ideal scenario. Now that Ethereum is still in a box structure, it is possible to try entering a long position, with a stop loss at 1730, the lowest position from the last time. If hit, then wait until tomorrow after the upgrade to choose the direction to enter.