$ETH Evening Thoughts:
After all, the second pie is no longer strong; it has also weakened. Some people can't admit what they have done before, why can't they admit it?
Because the persona they finally established with great effort would be in vain if they admitted it, wouldn't it collapse?
You can imagine how deep their scheming must be! It's scary to think about it. I advise all classmates to stay away from such people, whether in reality or online. By the way, let out a couple of complaints about them because they are always thinking about how to harvest you. If you don't keep your distance, you will be the next target to be harvested. Have I gone off-topic? Haha.
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Speaking with pictures: I wonder if all classmates recognize what this shape is at the hourly level of the second pie. If you don't recognize it, I can only say you should study hard. Don’t just indulge in fun and games without knowing anything about studying. Isn't this a butterfly shape? 🦋
If the second pie at the hourly level wants to form a butterfly shape, it must first break through point B indicated by the white arrow for the butterfly shape to be valid; otherwise, it will be strangled in the cradle and become a moth that hasn't turned into a butterfly.
The second pie should break through 2612 to chase long positions on the right side. If it falls below 2597 with volume and cannot recover, chase short positions on the right side. Pay attention to the changes in volume and set stop-losses. Before the strategy was even published, the second pie had already dropped. 😳
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At the hourly level, if it breaks through 2620, look up at 2650-2689. If it can't break through, it will continue to oscillate downwards.
At the 4-hour level, if the closing price stays below 2564, it will have to retest 2503-2465. Only those who squat deep can jump high.
Continuing with the pictures: I haven't talked about the exchange rate of the second pie for a long time. Let's take a look today: the exchange rate of the second pie at the daily level is currently forming a bullish arc and cup handle pattern. Once this pattern is completed, good days will come for the second pie. Remember, if the exchange rate of the second pie doesn't rise, don't expect the second pie to take off; you are just overthinking it.
Once the exchange rate of the second pie breaks through 0.02545, aim for the target positions above: 0.02703-0.02861. That's it, meeting adjourned.