As shown in Lao Wu’s perspective👇
The yellow parallel lines indicate that the downward channel has already ended
Now we’re entering a sideways consolidation adjustment in a green rectangular range
Trading suggestion: short; set a stop loss near 2420
If it rallies, observe the pace—right now the market activity is sluggish
Lao Wu’s approach: only short, and wait for the direction. If it rallies, watch the strength—or just smash the market
If you’re not sure, go to cash and wait; only take short-term trades👀#ETH $ETH
The yellow parallel lines indicate that the downward channel has already ended
Now we’re entering a sideways consolidation adjustment in a green rectangular range
Trading suggestion: short; set a stop loss near 2420
If it rallies, observe the pace—right now the market activity is sluggish
Lao Wu’s approach: only short, and wait for the direction. If it rallies, watch the strength—or just smash the market
If you’re not sure, go to cash and wait; only take short-term trades👀#ETH $ETH
