The most frustrating part of trading is never a one-sided rise or fall, but the hesitation and doubt that come with oscillation.


If you’ve made it through the panic sell-off at the early morning hours and seized the opportunity from the “golden pit,” then don’t get shaken out mid-rebound by the oscillation. The trend is never achieved overnight, and recovery also takes time and repeated confirmation.
The 4-hour Bollinger Bands price has already moved above the range between the Bollinger lower band and the middle band. The middle band (77259) is currently a short-term line dividing strength from weakness. As long as the price does not effectively break down below it, the bullish recovery structure will not be damaged. If the price pulls back to the 76800-77000 area and finds support, then reclaims the Bollinger middle band with increased volume for an upside push, it will likely target 78000-78500. At the same time, Ethereum is likely to push toward the 2380-2440 range.
ETH-0.15%
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KrisRo
· 3h ago
The price is dropping to 2300 soon.
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