$ETH ASR-VC indicator 4h channel status update: The expectation in the quote has been fully fulfilled, there is nothing to say, the pullback did not fall below the yellow line, which means that the strong bull trend still exists, so the price successfully reached the orange line position. However, from the perspective of trend momentum, the small channel of current price operation has moved down from the "overbought-orange" channel to the "orange-yellow" channel, which is generally a precursor to the need for shocks on the market. During the live broadcast last week, I saw that many people wanted to short ETH, so I was persuading the whole process to at least wait for the trend structure to change before considering it, not simply brainless... Back on the market, ETH is still fluctuating upwards along the "orange-yellow" channel, which in my opinion, has no other choice but to hold positions... If you want to take profits in a low-level long-term position, you need to wait at least for the middle track to fall below, and for a short-term position, you need to wait for the yellow line to fall below at least for it. Before these two key prices fall below, the best choice is to be a friend of the trend.

Update: After ETH price reached the orange average resistance level, there was a slight pullback, and the quoted expectations have mostly been fulfilled; Next, we will see how long it can move along this new channel... Personally, I still hope it breaks 4000 before pulling back, as that would be better for sentiment~