$ETH Evening Analysis:
Currently, the investment enthusiasm in the U.S. has cooled a bit, and the herd buying isn't as crazy anymore. When Trump was just elected president and hadn't officially taken over yet, he pushed the Bitcoin price to 100,000, and the second cryptocurrency surged to 4,000.
If Trump really takes office, that price could shoot up dramatically, who knows, it might even directly hit 150,000!
Let's take a look at the chart: the 15-minute chart of the second cryptocurrency looks a bit like an M-shaped pattern. To break this M shape, the second cryptocurrency needs to surpass 3,780.
As long as the second cryptocurrency doesn’t drop below 3,676, it’s still relatively stable, at most it will just fluctuate a bit. If it really falls below 3,676, it might have to take another trip down to around 3,500.
If the second cryptocurrency surges past 3,764 with volume, then chase the long position quickly; if it drops below 3,741, then chase the short position quickly. When looking at the chart, remember to set your stop loss properly and keep an eye on the volume-price relationship, don’t be careless.
The exchange rate of the second cryptocurrency has already dropped below 0.039, to regain strength, it needs to break through the 0.039 barrier. If it rebounds and hits 0.039 before coming back down, then the exchange rate will turn from strong to weak again. Alright, that’s all for now.
For the upcoming layout direction, I will guide everyone to target the lucrative opportunities in altcoins, especially those projects with high potential, an expected space of over 10 times is definitely not a problem. If you want to make big money in a bull market, like and comment, and I’ll take you through the whole bull market!
