🔥💥$ETH Can this wave recover the losses from the previous highs?
The price difference has now expanded to over 400 points.
Last night, the Federal Reserve's meeting minutes indicated that interest rates remain unchanged, which essentially means good news; the market no longer has to worry about additional pressure.
From a technical perspective, the upper level around 4380 is still a dense resistance zone. The current trend is in the rhythm of a third wave retracement, and it is highly likely to extend towards the fifth wave. Tonight's actions in the US market will be crucial; if we can break through smoothly, then the subsequent space will open up.
In terms of operations, I, Sister Yu, personally still insist on a bullish direction. Those with long positions can consider adding a little, and those who haven't entered yet can do so in batches. The first target is around 4380; if we can hold above that, then we’ll look directly at 4500.
In trading, you must be steady in your position and firm in your mindset; do not abandon or give up, just follow the trend. If you really don't know, come and follow Sister Yu.
