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Night Analysis: In this trading range of ETH, the long positions boundary is at 4500. If we can't break through, we can't see any long positions, the trading range is consolidating at a high level.
This trading range has been consolidating for an unknown duration. Currently, the trading strategy is to short when the price is higher and to go long as it approaches the lower end.
If the pattern is not established, it's not too late to set it after breaking out of the trading range. After the trend line is broken, it remains sluggish, resembling a monkey market.
Let's not talk about gaps anymore, they only affect our operating mindset. How to move in the consolidation zone, that's what we should focus on, without worrying about any gaps!