Ethereum Mid-Line Strategy Sharing (4.24)

Good afternoon everyone, I am Chen Changsheng. Yesterday, the overall market rally was hindered and pulled back. Many family members might be wondering, after a sharp rise, must there be a sharp drop? Is this wave a high to offload and keep people in? But I don't think so. In the absence of major positive news, a sharp rise in Bitcoin by ten thousand points will first wash out the shorts and then the longs. The NASDAQ also touched a short resistance level and began to pull back without breaking through directly. In the market, I believe if Bitcoin falls below 90,000, we can only look to go long around 88,000, as 88,000 is the bottom of a head and shoulders pattern, which is a very clear trend line. If it retraces without breaking 88,000, then this wave of increase has not yet ended. The same goes for Ethereum. The market needs to pull back to the top of the consolidation area to confirm that this rise continues to hold, which is around 1680. The KDJ indicator for Ethereum has completed the M top, and next we will see if it can form a W bottom. Therefore, we can choose to enter a primary position at 1680 and add a position at 1630, with a stop-loss just below the breakout point. Ethereum is relatively easy to develop an independent trend. One day, if Bitcoin and SOL both drop, this old coin may just fly up. Don't say it's impossible; it has happened before. Everyone dared to hold on at 4000 for Ethereum, isn't 1600 still a good price-performance ratio? Hahaha, as long as this wave goes down and can stabilize without breaking our stop-loss line, if we follow my thinking, I think I can reach 2100. You can judge for yourselves! SOL has increased tenfold, why can't Ethereum also provide me with a tenfold return?! 🤔$ETH