The super box of ETH's two bull markets mentioned in my previous article is still oscillating within the box. Last week, it completely broke through the box and rose above the 2857 high point; I thought the market had started. Unexpectedly, the sudden outbreak of the Israel-Iran war led capital to create a false breakout and return to the box, continuing to wash and oscillate. I estimate that many who went long with high leverage during this false breakout have already been liquidated, yet another large group perished before dawn. This highlights the importance of risk management and position management.

Next, we can only continue to observe ETH's performance within the subsequent box and wait for the next breakthrough of the super box, which I named Super Box. My original viewpoint remains: a complete breakout of the Super Box and a steady position above it would directly point to 4000, which is also the starting point of a bull market.

Below are the four-hour, daily, and weekly charts of the Super Box.