$ETH Evening Thoughts: 9.14.
The second coin has returned to trading above the 2513 resistance level. As long as the second coin’s pullback does not break below the price corresponding to the bearish flag, 2495, it will not go down to test the 2456 support. Conversely, if the second coin can break through the price corresponding to the bearish flag, around 2535, then the next rebound target will be around 2567. If it can’t go up or down, continuing to consolidate within the bearish flag is the best move for now.
As long as the second coin’s pullback does not break below the range support of 2456–2404, it will not expand its downside. If the second coin is to pull back, just watch the consolidation range of 2456–2404.
When the second coin breaks above 2522 with volume, the aggressive group that chases longs can enter on the right side. If it breaks below 2506 with volume, the aggressive group that chases shorts can consider entering on the right side. Pay attention to changes in volume and set a proper stop loss.
The second coin on the hourly timeframe has settled above 2522; look for 2545–2575 to the upside.
On the 4-hour timeframe: if it breaks below 2506, look down toward 2457–2404.
On the 4-hour timeframe, the second coin is still consolidating within the flag. If the 4-hour timeframe cannot break through the flag’s upper boundary at 2572, it cannot open up upside room on the 4-hour. If it does not break below the flag’s lower boundary at 2418, the 4-hour timeframe also cannot expand the downside. Only when the 4-hour timeframe truly breaks out of the flag (either above or below) can it genuinely reveal direction; otherwise, we don’t know how long it will keep consolidating inside the flag. Meeting adjourned.
$ETH
#特朗普就CLARITY法案条款存疑
The second coin has returned to trading above the 2513 resistance level. As long as the second coin’s pullback does not break below the price corresponding to the bearish flag, 2495, it will not go down to test the 2456 support. Conversely, if the second coin can break through the price corresponding to the bearish flag, around 2535, then the next rebound target will be around 2567. If it can’t go up or down, continuing to consolidate within the bearish flag is the best move for now.
As long as the second coin’s pullback does not break below the range support of 2456–2404, it will not expand its downside. If the second coin is to pull back, just watch the consolidation range of 2456–2404.
When the second coin breaks above 2522 with volume, the aggressive group that chases longs can enter on the right side. If it breaks below 2506 with volume, the aggressive group that chases shorts can consider entering on the right side. Pay attention to changes in volume and set a proper stop loss.
The second coin on the hourly timeframe has settled above 2522; look for 2545–2575 to the upside.
On the 4-hour timeframe: if it breaks below 2506, look down toward 2457–2404.
On the 4-hour timeframe, the second coin is still consolidating within the flag. If the 4-hour timeframe cannot break through the flag’s upper boundary at 2572, it cannot open up upside room on the 4-hour. If it does not break below the flag’s lower boundary at 2418, the 4-hour timeframe also cannot expand the downside. Only when the 4-hour timeframe truly breaks out of the flag (either above or below) can it genuinely reveal direction; otherwise, we don’t know how long it will keep consolidating inside the flag. Meeting adjourned.
$ETH
#特朗普就CLARITY法案条款存疑
