$ETH Evening Thoughts:
The main currency should not increase; it either stays flat here or declines. Otherwise, the altcoins, which are already weak, will suffer more once the main currency rises.
If the main currency stagnates, it would be a good choice for the altcoins and secondary coins to surge a bit. If the main currency insists on rising, no one can stop it; it will directly break through the previous high and reach a new high, leading to a flat phase where the secondary coins and altcoins will also rise.
The worst scenario is when the main currency seems ready to break through the previous high to reach a new high, but it does not break through. In that case, the secondary coins will be hesitant to rise, and the altcoins will be even more cautious, all having to watch the main currency's mood, which is frustrating!
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Speaking with the chart: The 15-minute chart shows that all the highs and lows are decreasing. If it cannot break through 3676 and establish a new high in 15 minutes,
then once it drops below 3650 and sets a new low, it will go down, with the 15-minute chart looking towards 3622-3589.
Looking at the 4-hour chart, the yellow arrows indicate two high-position doji candlesticks, which is not a good sign. Everyone, please pay attention to short-term volatility tonight. Make sure to set stop-losses at the entry points shown in the chart.
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For the secondary coin to take off, it must break through 3676 to look towards 3700 and the previous high on the hourly chart; otherwise, it is useless.
The exchange rate has dropped again to 0.03659, testing 0.03540 once more, unable to rise.
