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Is the rise of ETH over? This should be the question that most people are thinking about right now ; Yiming's point of view is very clear: ETH's B-wave rebound is not over, and 3446 is not the end of the B-wave rebound. There should be new highs later. If you carefully read what I wrote before, you should know that I have always maintained this point of view. I also wrote a special analysis of ETH on December 17. Unfortunately, very few people can read it carefully. The heartbeats of most people follow the K-line fluctuations. If it rises, it means the bull is coming, and if it falls, it means the bear is coming. ; Regarding the structural analysis of ETH, why Yiming has always insisted that 3446 is not the end point of the B-wave rebound? The reason is simple: from 2620 on November 21 to 3446 on December 10, it took a total of 19 days, and the rebound range was not even 38.6%. 19 days + <38.6% range, not enough time and space. Let us assume the worst result. Even if 3446 on December 10 is the high point of the B wave rebound, it should be followed by a decline in the driving wave of the C wave. However, it has been close to 20 days since December 10, and there is no C wave decline characteristic. ; But it is undeniable: Wave B is a correction wave, which is the most difficult stage to operate in trading knowledge. It has no momentum and irregular shapes, and what retail investors want mentally is a market that keeps rising. How can anything go so smoothly in the world? Since you choose to participate in this stage of trading, you must be fully prepared mentally. The market at this stage will not be smooth sailing regardless of whether it is long or short. Only by putting risk control first can you deal with such fluctuations. Otherwise, you may be tortured by such fluctuations repeatedly. Drawing doors, inserting pins, irregular shapes, and disorderly fluctuations make the operation at this stage even more difficult. ; But it is not impossible to deal with it: 1: The position is light and the stop loss is strictly controlled. This refers to the fixed stop loss, not simply drawing a stop loss line to execute it. ; 2: Wave B is a correction wave. The characteristic of this wave type is an upward shock. Since it is a shock upward, you need to find cheap chips to hold long orders. The most important thing is to be patient under the premise of strict stop loss. Those who are impatient and chase the rise and kill the fall can be tortured to death at this stage. Regarding structural analysis, let’s go back and read the article on December 17th. ![]() |