#The Future of Ethereum May 4th

We analyze the daily chart of ETH. After yesterday's daily performance, it basically stabilized at 1810, and a short-term pullback occurred at the bottom. The daily chart pattern is actually in a bottom consolidation. As soon as it rises, many people will jump in, and if it stabilizes above the 55-day moving average, it will break through 2000.

From the perspective of a single candlestick, the entire shape is an upward N pattern, and the market shows a bullish trend, indicating that the support strength is very strong, and it may break through this line tonight. At the same time, the moving averages are upward, and a golden cross is formed at the bottom. This is the best time for everyone to buy on dips!!! Remember not to chase pullbacks; the pullback won't be very large. There isn't much profit in pullbacks.

Everyone, please follow so you don’t get lost. Here’s some core advice for making money,

The reason you lose money is that you can't hold onto your positions. Think about it, is it you? If you lose a bit, you want to cut losses; if you gain a bit, you want to take profits. Embrace certainty. Staring at the screen will never earn you money, and running away early will never earn you money. Start with light positions and low leverage, and increase your position as the big trend unfolds.