April 24: Will Ethereum's key position continue to consolidate and pullback if it cannot break through?

On the daily chart, Ethereum has consecutively closed with two bullish candles. Ether has also reached the upward target point as expected, which was given in yesterday's video at the range of 1765-1775 for a strong upward view towards 1830-1880. Our internal team members also took positions at this location, including the big coin video which indicated 92100 for the upward movement. Overall, yesterday was quite good. Everyone can watch Lao Wang's videos daily. For Ethereum on the daily chart, pay close attention to the 50-day moving average at the line of 1880. If it reaches this area in the future, it could directly move down, offering a high cost-performance ratio. This is a hurdle; getting past it will further push the price to above 1955 and 2000. If it cannot get past, it will prevent downward movement. For the four-hour chart, we are temporarily focusing on the area around 1750. If this level holds, we will look for upward movement on dips. Today's intraday strategy is to maintain a range of selling high and buying low.

Thinking while riding

1775 North: Risk control 23 points: Destination 1815

1830 South: Risk control 23 points: Destination 1785

The market is constantly changing, so everyone should be flexible in their approach.

The perfection of trading practice is not that you have conquered the market, but that you have finally understood yourself. May everyone who journeys in the market be able to settle wisdom in the fluctuations and meet tranquility in time. 🌱