$ETH

After a pullback to 1700, it continues to bounce towards 1900 and follows a path of consolidation. Only through upper consolidation can we possibly enter a significant pullback and a bear market again.

During a pullback, it is impossible to reach the target at once, so fluctuations up and down are essential. In this type of market, whether buying or selling, it is only suitable for short-term trading, so you need to understand the reasons behind this wave of fluctuations.

If the market breaks 1900, we cannot rule out the possibility of a second peak on the hourly chart. However, if it fails to break the previous high and instead forms another consolidation, then looking for high points to sell directly is the hard truth.