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No updates for a week, after a month from 172 to a high of 140,000, it ended with a single move to buy the dip to zero. It has proven successful countless times, but just one failure can bring you back to square one. Carefully thinking about it, the market always delivers a fatal blow when you're ecstatic or at your most desperate; a calm mind is always the most powerful weapon for a professional trader. The waves of the market will infinitely amplify your emotions.
After a major drop, the market volatility clearly expands. The impact of the US-Iran situation's fluctuations is indeed extraordinary.
Currently, Ethereum has formed a fifteen-minute central zone upgrade range of 1601-1668; only a breakout of this range can form a new trend.
In the overall direction, a rebound has formed, but careful analysis shows it is actually a range oscillation, a central zone expansion behavior.
Right now, it's still about waiting for a breakout of the range; be aware that: there might be no fifteen-minute buy or sell signals forming before a line ends the breakout, so all risk controls should be in place.
This segment is very challenging; even Old Chen is not 100% sure, and can only take one step at a time. $ETH