The Ethereum 1-hour level has completed its contraction in the most brutal way possible to solve the problem. That is, a one-sided pullback, which is effective and also indicates that time is tight. After the major coin returns to the same starting line, the market will officially arrive.
The Bollinger Bands for the major coin across various time frames have almost returned to normal. It is expected that the major coin will further reduce its volatility, and today’s daytime trading might make people’s scalps tingle! The fluctuations will probably not exceed one thousand points in either direction. Major volatility may come tonight or tomorrow; who knows! In any case, don’t try to guess; it’s easier to roll dice.
If friends insist on trading, it is still recommended to short at 105500 with a 500-point stop loss! Go long at 101000 with a 500-point stop loss. Finally, long live being in cash!
