After experiencing several such blows, investors will have the unconfident mentality of "Once bitten by a snake, they will be afraid of the rope for ten years", and they will lack confidence in the market. I kept chasing the intraday high-volume market, but in the end I still suffered a book loss. In summary, many traders have repeatedly suffered losses. One of the reasons is that they have an impetuous trading mentality and rush into the market without waiting for a more certain opportunity.
The market is currently in the third 1H upward stage. It has been sideways here for two days. It seems that Big Pie is going to build a 1H central structure here. As for the news, wait for the Federal Reserve to raise interest rates. The amount of interest rate hikes is only market expectation. We need to wait for the Fed to actually implement it
My aunt is also on the third 1H like #BTC , but judging from the consolidation trend here, there is a high probability that it will not reach a new high.
#ETH 🈳
Location 1700
Take profit 1671-1657
Stop loss 1712