$ETH Evening Thoughts:
Tonight, the second contract is upgraded. Can I understand this as the second contract’s birthday? Since it's the second contract’s birthday, shouldn't we celebrate with two firecrackers? Or is it still not time to set off firecrackers? I am looking forward to the second contract launching two firecrackers tonight.
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Talking about the chart: When will the second contract break through the box drawn in the chart at the 6-hour level? When can the second contract reach a higher level? If it can’t go up, it will keep oscillating back and forth in this box until it either breaks down or breaks out of the box, which will lead to a one-sided trend.
The second contract should break out with volume above 1846 to go long, and break below 1841 to go short. Pay attention to changes in volume and set good stop losses.
If the second contract can break and stabilize above 1853 at the hourly level, look up to 1895-1920. Second contract, please go up quickly.
At the 4-hour level, 1812 was broken, looking down to 1779-1739.
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Looking at the second contract's daily level, the area marked by the yellow box, what is this? There isn’t a decent candlestick, except for a doji star, nothing else.
I hope tonight will bring a big bullish candlestick. Whether tonight will be a bullish or bearish candlestick entirely depends on Powell's statements. Students, pay attention to the interest rate meeting and press conference at 2:00 and 2:30 tonight.
I suggest that students close their long or short positions shortly before the meeting starts; otherwise, when you wake up and look at your position, it may be gone, not just stopped out in profit, but also stopped out in loss, which is not good. Meeting adjourned.