The trend of the second pie is too frustrating! Don't mess around before breaking the situation!
The second pie is currently purely in a 'drawing circles in place' type of fluctuation. There's no point in saying more—it's just back and forth in the box, clearly trapping itself and unable to break out!
The hourly chart is about to form a standard M head, with the neck line firmly stuck at the lower edge of the box near 2911!
If this position is really smashed through with volume, the previous low of 2875 is just paper-thin, and it's very likely to pass straight through, heading directly for 2836!
Now it's a typical 'no breaking, no standing': either break through 2942 with volume, then follow up on the right side, targeting 2975-2994; or smash through 2920 with volume, decisively shorting, looking down at the 2858-2810 range!
As long as it keeps swaying in this box, never act like a 'leek' and mess around! The K-line is squished together, the operational space is pitifully narrow, frequently moving positions is just giving away heads, and the more you mess around, the worse you lose!
The 4-hour chart is even clearer: fall two steps, rest three steps, like an old lady shopping, falling for a while and consolidating for a while, now entering the 'slow grinding' mode. The market's inertia is like a car going downhill, and retail investors following along blindly is definitely not good!
Unless it can steadily stand above 2973, otherwise this wave of consolidation is likely to step down!
Remember: be patient and wait for it to choose its direction! The market is always there, but your principal can't withstand reckless moves! Before breaking the position, watching more and acting less is the best solution! #ETH走势分析 #加密市场观察 #RWA总规模持续增长 $ETH
