Evening Thoughts:

$ETH The second pancake is currently holding back a lot of energy and is ready to take off, but the second pancake is the second one and cannot be too ostentatious, so it shouldn't steal the thunder from the big brother.

As long as the big pancake rises slightly, the second pancake will rush out of the runway; the second pancake is currently in this state, about to explode.

The second pancake is now forcing itself to hold back, stabilizing itself to prepare for the takeoff of the second pancake.

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Talking with the chart: In the 4-hour timeframe, the two needles pointed by the yellow arrows represent the strong hand suppressing the second pancake.

As long as these two needles are broken through, a smooth road ahead will allow the second pancake to run freely; if not, the danger remains and has not been lifted.

The second pancake should break through 2647 with volume to go long on the right side, and if it breaks below 2635 with volume, go short on the right side; pay attention to changes in volume and set stop losses properly.

In the hourly timeframe, if it breaks and stabilizes above 2650, directly look at the target positions above 2699-2735; whether it can break through 2650 depends on whether the second pancake can continue to rise.

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If the 4-hour level of 2601 is broken and not reclaimed in time, look downward at 2684-2549; don't let it break 2600, or all the efforts of the second pancake will be in vain.

Continuing to look at the chart: In the 8-hour timeframe, the second pancake needs to form a W-bottom pattern, first breaking through the previous high of 2788, which will naturally form the W-bottom in the 8-hour timeframe.

Once the 8-hour W-bottom is formed, 2850 will truly arrive; I hope everyone has a mental expectation, don’t get caught off guard when 2850 comes. In trading, one must be flexible, especially in short-term trading; those who are stubborn will be the ones getting hit. Meeting adjourned. $$BTC #币安Alpha上新 #Strategy增持比特币