April 25: The second contract at 1775 has become a key short-term resistance level
The second contract is very weak compared to the first contract. The Bollinger Bands on the daily chart are gradually narrowing and balancing. For three consecutive days, the K-line has been running at the upper Bollinger Band, trying to break through and push the Bands upward. Today, the intraday high reached around 1889, but faced resistance from the upper Bollinger Band, retreating to around 1750 for consolidation. On the four-hour chart, pay attention to the naked K-line pressure level at 1775. If this level is not broken and held, we will continue to test the support level below: On the hourly chart, the auxiliary indicators are showing a dead cross near the zero line. If it breaks down, then there is a high probability that Ethereum will drop below 1700 to around 1680.
Today's entry strategy
1775 south: risk control of 32 points: target 50 points to reduce positions looking at the subsequent southward momentum
1680 north: risk control of 27 points: target 50-70 points
Everyone should take control themselves: those who are aggressive can enter southward at 1760: just make up the ticket when it goes up.
Trading is a lonely journey. Others' advice, the market's noise, and friends' doubts can all become distractions. But it is this loneliness that teaches you: to rely on your own judgment, rather than chasing hot trends; to believe in your own pace, rather than envying others' 'profit myths.' The conformists are safe, the lone wolves are free— the sense of security you seek can only be given by yourself.
