Super analysis 👏! The level of 67K is indeed a key resistance. I think that if the volume continues to rise, we could see a breakout soon 🚀. Thank you for sharing 🙌
东山再起500
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The super box of Ethereum ETH's two bull markets mentioned in my previous article is still oscillating within the box. Last week, it completely broke through the box and surged past the 2857 high point, and I thought the market had started. Unexpectedly, the outbreak of war between Israel and Iran caused capital to create a false breakout and return to the box, continuing to wash and oscillate. I estimate that many who went long with high leverage during this false breakout have already been liquidated and left the market, yet another large batch has died before dawn. This highlights the importance of risk management and position management.
Next, we can only continue to observe Ethereum's performance within the subsequent box and wait for the next breakthrough of the super box, which I named Super Box. My original viewpoint remains: a complete breakthrough of the Super Box and a firm hold above it would point straight to 4000, and it would also be the starting point of a crazy bull market.
Below are the four-hour, daily, and weekly charts of the Super Box.
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