Is the early stage of the Ethereum sector rotation just beginning? How to layout?

　　The current price of Ethereum is 3972, and it's currently 3:30 AM Beijing time. The waiting point still hasn't been reached, so let's continue to wait. 95% of the time in this market is spent waiting. True trading experts are always waiting for opportunities, just like a sniper waits for the prey to appear before taking action. The essence of trading is trial and error, using our validated system to trade, giving ourselves plenty of opportunities for trial positions, managing stop-losses well. It's okay to make mistakes; at worst, you'll have a small loss. If you're right, you'll make a big profit because a stop-loss does not equal a loss. It's similar to machines in a factory; creating a valuable product will inevitably incur some wear and tear on the machines.

　　Affected by sector rotation, Ethereum's rally has not yet ended; we are currently only in the early stages of rotation. Those unfamiliar with sector rotation in the cryptocurrency market can look at the historical power of the three previous bull markets. During each rotation period, many legendary figures emerge in the cryptocurrency market. Looking at the current market, Ethereum's daily candlestick chart shows continuous high-level consolidation, with a maximum of 4010 and a minimum of 3920. The EMA15 trend line has stretched to 3700 and has not finished stretching. MACD is expanding, with DIF and DEA continuing to spread upward at a high level. The Bollinger Bands trend remains unchanged, with the upper band breaking 4110 and the middle band reaching 3575, maintaining a bullish trend.

　　The four-hour candlestick chart shows three consecutive increases breaking previous highs. It is now consolidating around the 4000 mark, very close to this year's highest point. The candlestick chart is forming a triangular contraction trend at high levels. The EMA15 trend line at 3970 shows weak support, while we should pay attention to the EMA30 support at 3905. MACD is decreasing, with DIF and DEA diverging downward at high levels. The Bollinger Bands are in a contracting market, with the upper band at 4100 and the lower band at 3830. Key support and resistance have been identified, so we can use these as reference points for entry.

　　Short-term reference:

　　Buy between 3850 and 3800, with a stop-loss at 3750, risking 50 points, targeting 3950 to 4000, and if it breaks, targeting 4050 to 4100.

　　Sell between 4100 and 4150, with a stop-loss at 4200, risking 50 points, targeting 4000 to 3950, and if it breaks, targeting 3900 to 3850.

If you want to learn more about cryptocurrency-related knowledge and cutting-edge information, click on my profile to follow me. I offer free sharing of contract trading techniques and provide daily price points.