$ETH The current level (1H) of Lao Er's chart is also judged using the same method to determine the bullish or bearish direction, having broken all moving averages. Multiple rejections at the EMA200 (red line) can be seen as a bearish formation, while a breakout above the moving averages and standing above the EMA200 can reverse it to a bullish formation. As for when it will break out or break down, it should not be subjectively guessed. For buying, wait for a breakout and then re-enter, for selling, wait for a breakdown and then re-enter. Buy, re-enter on a pullback, stop loss on a breakdown; sell, re-enter on a pullback, stop loss on a breakout. Simple and straightforward. If you consistently stick to a trading logic that you can understand, and execute efficiently while controlling your risk-to-reward ratio, I believe you will ultimately achieve a good result.