Today let's talk about the 4-hour K-line of #ETH Ether.
Many people see the current rebound to around 2480 and rush in thinking about 2550, 2600, only to see it drop below 2400 in the evening, caught off guard by the market. This position feels worse than a sandwich cookie—pits everywhere above and below!
The MA7 moving average is pressing down at 2530,
and above that, there is a 'ceiling' level of resistance—MA30 is around 2680,
In the short term, it’s a 'climbing uphill':
Every step is difficult, with layers of suppression; if you’re not careful, it’s 'rebound luring in the longs + elevator downwards'.
In a volatile market, the most feared thing is the pattern.
It’s not that you can’t take a position, but seeing the structure clearly, trading lightly in the short term, and taking profits when they appear is the right way!
Don’t fantasize about following a trend; trends need breakthroughs for confirmation. For now, we can only focus on the rhythm!
If there’s profit, take it,
The market is not lacking in opportunities; it’s about whether you can seize the moment! The weekend market is quiet, so take a good rest and spend time with family, we’ll fight again on Monday!!