April 24: Is Ether forming an arc top pattern at the hourly level?

Ethereum has broken below the 200-day moving average on the four-hour level, forming a rounded top pattern on the hourly level: currently, the four-hour focus is on the middle Bollinger Band at 1700: if it breaks below this level, Ether will further push down to around 1660. From the four-hour perspective, the market shows some changes, and the bears have signs of strength. Long positions need to pay attention to risk control: just focus on the main support levels: this round of decline is also due to the liquidation of long leverage demand.

Evening entry strategy

1750 South: Risk control 27 points: Destination 40 points:

1705 North: Risk control 15 points: Target 30 points: Don't directly reverse to go South after a loss.