$ETH Evening Thoughts:
Some students get trapped and ask you a lot of questions, and you have already told them not to operate like that anymore, which they promised at the time. But once they get out of the trap, they completely forget what you initially told them and then get trapped again. Are you selling traps?
I tell you, you don't listen, and even when you do listen, you don't act on it, and when you do act, you still do it wrong. What do you want me to do? Is this how you all are?
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Talking through the chart: The second coin's hourly level has not made a new high since creating a peak of 2738 on May 14, and has been in a state of continuously lowering highs and lows.
Today, a lower low appeared, and many students might just be realizing it. A few days ago, many students thought the second coin would go up to 3000 or even 3300, and now they are worried about missing out on this wave.
They are breaking their heads trying to rush in, and now can you still see 3000?
Those who chased high prices have been trapped, right?
Please remember one thing: a healthy bullish market will definitely give you a chance to enter after a pullback.
For the second coin, a volume breakout above 2405 means you can go long on the right side, while a volume drop below 2394 means you can go short on the right side. Pay attention to changes in volume and set stop losses well.
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If the second coin can break and hold above 2423, it can look upwards towards 2475-2514; if it can't hold, it's useless.
On the 4-hour level, if it drops below 2362, look down towards 2319-2242.
Continuing to look at the chart: If the closing price of the second coin on the 2-hour level cannot return within the first box, it will have to operate within the lower box.
If it can return, there may still be relief; if it cannot return, it's completely over.
The current market may not necessarily be the real market; have you seen that the current market has no fluctuations and is just oscillating?
The real market will only appear when the US stock market opens tonight, after all, it has been two days since Saturday and Sunday, and today it is still not fully released, let's call it a day.