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A little bit of advice and reference
Our recent strategy of gradually increasing our long positions in Ethereum is starting to take effect.
Everyone has long positions in Ethereum, right? Now we need to pay special attention to the level around 2020. If Ethereum breaks above 2020, there is a high probability of a significant upward movement to fill the gap in the upper Bollinger Bands on the 4-hour chart. Conversely, if this 4-hour upward movement does not break 2020, it will revert back to the parallel state of the 4-hour Bollinger Bands and return to a larger wave pattern.
In short, it means to hold our long positions at the bottom in 2020, or to break out long. Conversely, we can try to short with a small loss in 2020.
Be aware that there is still pressure near 2060.
The lows are getting higher, and the 2000 level just got a pin and was caught. If the increase is still within the middle band of the Bollinger Bands on the hourly chart, it shouldn't be breached around 1995.
#周末行情分析