8.11 Evening Market Overview: #ETH T1 precisely reached and secured a profit of 62 points. Move to breakeven and manage risk to T2.

ETH was set up with a short at 1929 on the 6th. After 5 days, this morning T1 automatically took profit with a gain of 62 points. No pressure—just look to T2 for further planning.

ETH’s T1 take-profit was 1867.69. At around midnight, the low wick dipped to 1866.14—just a hair’s difference. Precision exit!

Whether it’s precise or not, I don’t know; what matters is that you follow along and get the meat—that’s the real deal;

The market is currently consolidating in a narrow range, so you need to steady your mindset, learn to befriend time, and be patient.

ETH is still trading in a tight box of 1939–1847. Right now the K-line is positioned in the middle of the box, so we just patiently wait for the market trend—do not take action.

The bottom of the range at 1847 has not been broken with a real candle close. The overhead resistance zone 1929–1939 has not broken through with a real candle close either. So we will continue with a high-sell, low-buy strategy.

On the low side, set a long at 1847 with lower leverage on the left side of the plan. Add at 1809. Defend at 1777. Targets: around 1900 and 1929.

With no short positions, continue to set a short at 1929 on the left side with lower leverage (one unit). Defend at 2011. Targets: around 1867 and 1809. $ETH

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