$ETH Evening Viewpoint:
When it comes to Erbing's strength, just ask if Erbing is strong; you only need to answer whether it is strong or not. I want to know what Erbing has eaten to be so strong; give me some to eat, and I want to be even stronger, hahaha.
When everyone is pessimistic about Erbing, Erbing surprises you with an unexpected move, catching you off guard.
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Speaking with pictures: As long as the acceleration line indicated by the white arrow at the hourly level of Erbing does not break down, Erbing will maintain a strong posture. If this acceleration line breaks, it’s not a big deal.
Because there is another lifeline for Erbing below, no matter how Erbing pulls back, as long as it does not break the support level indicated by the lower white arrow, Erbing's bullish structure will not be damaged. So don’t scare yourself; it's clear as day with a simple line. Newbies often incur losses because they like to fantasize. Once a pullback occurs, they start to panic and rush around.
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Erbing breaks through 3168 with volume on the right side to chase long positions, and breaks down 3151 with volume on the right side to chase short positions to catch the pullback. Pay close attention to changes in volume and set a proper stop loss.
Erbing stabilizes above 3171 at the hourly level looking up at 3200-3260. If it breaks 3200, 3260 will naturally follow. There must be a reason for the leather pants to be paired with cotton pants; they are all related.
At the 4-hour level, breaking down 3143 looks down at 3101-3067.
Continuing to look at the picture: Erbing's hourly level is forming a round bottom with a cup and handle pattern. This cup and handle pattern alone indicates a bullish flag pattern. As long as it does not break the lower boundary of the bullish flag pattern, Erbing will continue to surge upwards. Try not to short Erbing; shorting can only catch pullbacks. If you think you're stubborn, then go ahead and short; I won’t say anything. Meeting adjourned.
