$ETH Evening Thoughts:
There is nothing much to say about the second cake. It has been fluctuating and consolidating. If the exchange rate of the second cake can break through the 0.03550 trend line pressure at the 4-hour level, it may move up.
However, 0.03659 above is still a pressure point, and it is difficult for the second cake to make progress. If the exchange rate wants to strengthen, it must first break through 0.03550 before it can look up to 0.03659-0.03731. If the exchange rate does not rise, don't even think about the second cake.
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Talking from the picture: The stop loss position marked in the chart should be taken well, and the take profit can be taken or not. As long as there is profit, it is correct to take profit at any time. At present, the United States is still on Christmas holiday, and it will take until January 6th for liquidity to fully recover. Wait slowly! Adjournment.
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Action is worse than thought.