2024-09-21 Today's view abbreviated version

Hello everyone, I am your cat brother. Tonight is still live at 8 o'clock. It is still me and teacher @Crypto-爱币斯坦 . Let's chat together when you are free!

To condense today's view, there are 2 pins at the 4-hour level of the big cake and 1 pin on the daily line. The shape is close to the state of long positions. Pay special attention to the operation in the later period. The chips are not near the previous low, so don't be too patterned. Before the key position 607 below is broken, it does not mean that the long position is over. The possibility of a second pull-up after the retracement still exists, but that can only be known after that.

I just remind you of the risk. The weekend is sideways, and there is basically no trading volume. At this time, you can sort out your positions and then make a plan to prepare where to take profit, leave, lock, or reduce positions. Many people took profit yesterday. As the saying goes, take the bag and stay safe, sell it and make money forever.

Ethereum may have an independent market, but we need to pay attention to the daily line from today to Monday. Can it break through 2585 with a 4-hour long positive line at the lowest level? If it can, this is a potential signal that Ethereum will start to strengthen again. If it is sideways here and is dragged down when the big cake is pulled back again, then it will still be the weak Ethereum. If it can't go up, use the middle line price 2585x0.995, which is about 2572-2573. Wait and see if it still gives. If it does, you can go short here and put the stop loss 5~6 points above the middle line 2585, for example, 2591-2592. After sweeping, you should continue to wait and see the market, instead of just leaving it alone after sweeping. Then, wouldn't you be swept in vain? Sweeping loss only means that the price you entered is not suitable. You need to pay more attention to the market and find a more suitable position to re-enter.

I don't know what happened in the morning, but the big positive line of Ethereum still gives bulls confidence. Don't be reluctant when you hear about a correction. There is no market that only goes up and never goes down. The daily line has been up for four consecutive days. It is a normal market demand that there will be a correction. Just be prepared for it early.

Finally, I wish you all a happy weekend!