19:00

Currently, the market situation and my views: I personally made two trades this afternoon, both of which hit stop loss, and I feel quite depressed. Returning to this chart, objectively looking at the trend, as shown below, it’s basically a wide-range oscillation. Within the yellow area, between 3500-3660, it has not broken out. However, the current level I’m looking at is a bit small, and the stop losses for trades are also small, which makes the attempts ineffective and really frustrating. The oscillation is stressful, and ineffective losses are even more painful. Right now, we just need to see how this range develops. Support levels are at 3500-3470, with 3470 being a key support. The upper critical level is around 4660-4680.
Personally, based on the 4-hour and daily charts, there’s a high probability of another surge. If there’s a pullback later, focus on 3470. If it doesn’t break down effectively, it can attempt another move downward. Take profit at the previous high around 3590-3660. Whether it breaks through later depends on the signals; it’s uncertain. This oscillation is really testing confidence—both bulls and bears. Let it move and see how it develops; key levels need to be monitored for signals. The process is full of false signals, which is exhausting. Regarding Ethereum, Bitcoin is more stable because its volatility isn’t large. Support is around 103900-104000, and resistance at about 106500. If it breaks above that, the probability of reaching above 108000 increases.
I personally think the probability of going up is higher than going down. The stop loss issue isn’t very reasonable. Now, I’m just waiting for the US market. That’s my view for tonight.
I’m personally bullish tonight!!! Will the oscillation shake me out?