$ETH Evening Thoughts:
The second coin hasn't started to rise yet because the first coin hasn't finished rising, and there isn't enough capital to push up the second coin. Everyone, please don't rush; wait for the first coin to finish rising and stabilize at a high position—that's when the second coin will truly take off. Be patient! The second coin can increase by $200 or even more with just 2 candlesticks.
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Let's talk with the chart: Draw the rounded bottom for the second coin on the hourly level! I've been waiting for the rounded bottom of the second coin for a long time; it would be unreasonable not to draw it. The peak of the rounded bottom should first see 2520, and if it stabilizes, we can look towards around 2600. No need to rush, take it slow.
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For the second coin, break through 2457 on the right side with volume to chase long, and if it breaks down 2432 with volume, chase short. Pay attention to the changes in volume and set your stop-loss properly. For the second coin, if it stabilizes at 2462 on the hourly level, we can look up to 2500-2550. If it breaks through 2500, then 2550 will naturally come.
On the 4-hour level, if it breaks down 2405, we look down to 2366-2326.
Continuing to look at the chart: The second coin on the 4-hour level needs to form a W bottom; it must break through 2520 for the 4-hour W bottom to be established, allowing us to look at higher positions. If it cannot break 2520, the 4-hour W bottom for the second coin cannot be established either. 2520 is the dividing line for bulls and bears for the second coin; if it breaks through, there is a chance to touch around 2600 or higher. If it cannot break, it will continue to oscillate and consolidate in the range of 2484-2380. Meeting adjourned.