$ETH Evening Thoughts:
Waking up in the morning feels like nothing happened, yet it seems like a lot happened. What’s going on? Is it an illusion? The price hasn’t changed! It’s still rising quite fiercely, though? The exchange rate for the second contract is stable, directly pushing to 0.04.
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Let’s talk about the chart: for those wanting to short, pay attention to the chart. If it breaks below 3706 with volume, you can consider shorting to the right, but I’m not saying to short just because it broke 3706; I hope everyone understands this. Can you follow my chart to draw your own conclusions? Draw a trend line; if the trend line breaks and the rebound fails to close above, then you should short it. Remember to set your stop loss.
A spike doesn’t count; do you understand? You should also observe the volume. For the bold ones, if it breaks 3732, you can go long; if you’re timid, then don’t try it. Don’t follow my afternoon strategy tonight since the evening’s perspective is different; eat as much as you can!
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Tonight, the short-term outlook won’t be too calm. At 21:15, employment numbers will be announced, and at 1:35 AM, a Federal Reserve governor will give a speech on monetary policy. For those who are cautious, don’t open any positions tonight; there’s always tomorrow. Avoid being caught in a crazy spike; meeting adjourned.