ETH Cancun upgrade good news has not emerged as an independent market trend, but has instead experienced a deep retracement and rebound in line with the general market. Currently, it has rebounded from the low point of 3056 to around 3500.

This account has mentioned many times before that the correct rhythm of this stage of the bull market is to buy heavily after a big drop. There is no need to worry about being trapped. On the contrary, one should actively buy in batches during a major retracement, as no one can accurately predict the lowest point, and the only option is to enter the market in stages. In addition, during the bull market, there is no need to overly focus on the fluctuation of one's own funds, unless one wants to cash out and completely leave the market. Most participants in the market are extremely concerned about the fluctuation of asset numbers every day, and are stirred by these changing numbers, experiencing alternating joy and sorrow, restlessness, and extreme anxiety. In fact, this is unnecessary! As long as the assets in your account are idle funds, without time and cost constraints and can be held for the long term, the assets in your account are just numbers that will change. As long as you do not act recklessly and chase after the market at the peak of a bull market, but instead understand the importance of securing gains and exiting the market, waiting for the next round of the bull and bear cycle.

First, let's look at the 4-hour chart. From the perspective of yesterday's volume rebound, it can be basically confirmed that the 4-hour level has established a three-buy. If the position was not sufficient during the lowest point the day before yesterday, then the subsequent downward retracement corresponds to the opportunity for a secondary 30-minute two-buy, with the expectation of an upward movement at the 4-hour level.

Next, let's look at the 30-minute chart. From the chart, it can be seen that the previous rebound has entered the center and has not shown a three-sell, indicating that the bulls have intervened strongly. Currently, it can continue to be seen as a 30-minute level center oscillation, and the end of the subsequent downward retracement is an opportunity to get on board on the right side.

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