#ETH 4.13 Monday midday Erbing thoughts and analysis

The fairest place in the market is where your self-discipline is, the more freedom you have. Looking back at the afternoon: it continues to be a phase of consolidation and recovery after a sharp decline, with a narrow fluctuation between 2187-2007. It is currently hovering around 2188. The short positions taken in the morning are still held—stabilize and secure profits!

Erbing has already broken below the midline of the box range and the previous bullish trendline. The next move depends on whether it can rebound and reclaim above 2216. If it can reclaim, the ranging pattern will continue and the risk will be removed. If it cannot reclaim, it is highly likely to continue probing lower toward the 2157 support.

4.13 Monday midday trading suggestions
Breakout above 2205 with increased volume; chase longs on the right side, stop-loss on breakdown
Breakdown below 2175 with increased volume; chase shorts on the right side, strictly use a stop-loss
If it pulls back to 2121 support and stabilizes, you can take a long; stop-loss if it breaks below 2086
If it rebounds to 2288, you can sell short at a high level; stop-loss if it breaks above 2329
Left-side limit orders: long at 2058; stop-loss if it breaks below 2025
Hourly line: hold above 2205; look for 2236-2275 above
4-hour line: break below 2173; look for 2124-2085 below