Master Ye has had a decent hit rate with the community students' orders in recent days, giving a feeling of stepping on the left foot and spiraling up with the right foot, haha!
In fact, there is logic behind this phenomenon—every market trend, whether rising or falling, is essentially a repeated game between support and resistance. When it rises, it pulls back to support before continuing up; when it falls, it rebounds to resistance before continuing down. These patterns are not random but can be observed and learned. Why it stops here, why it rises again, why there is pressure here, I have been constantly asking these questions and learning about the principles behind candlesticks, moving averages, and various indicators.
To be honest, I don't pay much attention to news. The original intention of trading is to be comfortable; if I have to keep an eye on news and information all day, I might as well go to work directly. The meaning of trading lies in breaking through class, so we must return to technique and discipline.
$ETH Daily observation:
The double bottom pattern has been confirmed earlier, and the short-term view is to plan for long positions when there are dips. Similar to $BTC , as long as the daily 123 pattern has not emerged, the reversal signal is not yet established, so we continue to wait.
Yesterday it couldn't break through that resistance level, and the reason is quite straightforward—it's exactly at the upper edge of the daily FVG. The big players are filling the gap and locking in liquidity here, so naturally, there will be suppression. After that, it is highly likely to probe the areas of cheap chips again to initiate.
It is advisable not to set pending orders and daydream; instead, take action when you see clear candlestick signals. Patience often makes more money than being overly eager. #ETH走势分析