📈$ETH ‌The shakeout is over! The violent spike needle at 1855 can’t break the previous low— the third consolidation zone has stored energy and will go straight for 1980!

Yesterday, eth made a violent spike needle: a four-hour support at 1855, then it reopened a violent rally. Judging from the rally’s magnitude, it’s visible that the main players have started coming in to go long again. And 1855 still hasn’t broken the last four-hour low at 1846. Most likely, it’s building the third four-hour consolidation zone and then going to break 1980. If you haven’t entered yet, you need to be patient and wait for a pullback over the next 30 minutes before entering long—but it’s best to use a half position, because after all, it’s a daily chart high.