Watching ETH at the 2910 level, if it can stabilize and halt the decline, it essentially confirms a triple bottom on the 4-hour cycle. From a technical perspective, this kind of pattern often indicates a pretty good short-term buying opportunity. Conservatively estimating, this round of rally could have a 600-point room to run, with the target around 3500 to truly catch a breath.

History actually provides a good illustration. Remember the rally from around 1300? It shot up directly to 5000. The depth of this recent decline isn't quite enough compared to that. However, from the logic of the big players, they usually don't buy at the bottom directly. Instead, they tend to lift the bottom repeatedly while pushing down the top repeatedly, creating a deadlock where the price is stuck in the middle, unable to go up or down.

Following this line of thinking, support levels around 3500 to 3800 in the next month or so could serve as a zone of consolidation. If this prediction proves correct, Ethereum's ultimate rally might really be just around the corner. As long as it can break through the all-time high, there's no technical obstacle to surpassing 5500, 6000, or even 10000.

Looking back at Bitcoin, when it broke the 69000 high in 2021, was that rally justified? Now, is 69000 still high? Many people are still fantasizing about a drop back to 70000 or even dreaming of returning to 50000 to buy the dip. But the reality is, the big players won't give you such an opportunity. The chips are already in the process of rising.