$ETH Attitude Silk Road and Suggestions

According to Fibonacci analysis, the current wave's 1:1 upward target has been reached. Whether it can reach the 1.618 level depends on whether the attitude breaks through the previous high again, which will be determined by the price action. It could either break through the previous high with volume and continue upward, or make multiple upward probes before quickly pulling back. If it follows the first scenario, it will definitely test 1.168; if it follows the second, it’s uncertain. Currently, the attitude is testing the upper boundary of the bearish flag pattern. As long as the pullback does not engulf the bullish candle indicated by the white arrow on the left side, it will not re-enter the flag pattern and will continue to move upward along the upper boundary of the flag.
If it falls back inside the flag pattern, it will likely test the support at 2092 and oscillate within the pattern before choosing a new direction. If the flag pattern breaks downward, it will test the support at 2048. A break below that means the rise will be reversed just as it rose. As long as the current attitude can stay above the flag pattern boundary at the price of 2127, it will not pull back. A decline below that indicates a correction, which is not accidental.

A volume-driven breakout above 2140 suggests an aggressive long entry on the right side; a volume-driven breakdown below 2121 indicates a short entry on the right side. Pay attention to volume changes and set proper stop-losses.
On the hourly chart, if the attitude stabilizes above 2140, look for targets at 2187-2234.
On the 4-hour chart, if it breaks below 2094, look for support at 2050-2012.

As long as the 4-hour correction does not fall below the 2080 arc bottom (1:1), a move toward that level is expected. From the 4-hour perspective, the 1:1 target is 2200. If it breaks above 2200, continue to look for the position marked by the white box. Remember, 2080 must not be broken; a break below the 4-hour arc bottom means the pattern is invalid. Meeting adjourned.
$ETH #加密市场普遍上涨 #四月行情预测