Sharing my thoughts on the future trajectory of Ethereum with everyone👇

Deep Breakdown of the ETH Five-Wave Structure⚠️

🔍 Wave Pattern Analysis: Direction from Structure

1. Wave One Decline: Completed already, this is the starting wave of the current decline, with the largest drop, establishing a bearish tone.

2. Wave Two Retracement: Precisely retesting the 0.382 Fibonacci level, a typical rebound correction.

3. Wave Three Main Drop: Although not as deep as Wave One, it confirms the continuation of the bearish trend.

4. Wave Four Rebound: Currently in progress! Bitcoin has already reached the key 0.382 level first, but Ethereum hasn't yet, leaving obvious "catch-up" room.

5. Wave Five Decline: This is the main direction we are betting on. Based on technical analysis, the target zone is between 1050-1250, but note: the strength of Wave Five may be weakened, and it might not reach that deep.

🎯 Core Judgment and Risk Reminder

✅ Catch-up Expectation: Ethereum is weaker than Bitcoin and needs to complete the Wave Four correction, with a target first set at 2225-2370.
✅ Short Position Setup: If the catch-up reaches 2225-2370 and indicators like SAR turn bearish, with a clear break below the turning point, it will be an excellent entry point for medium- to long-term shorts.

❌ Risk Assessment:

• If a major positive news suddenly occurs, the Wave Five structure may directly invalidate.
• If Bitcoin starts Wave Five early, ETH might abandon the catch-up and directly follow the decline.
• The extension strength of Wave Five is influenced by market sentiment and capital flow; the 1050-1250 range is just a theoretical target, and the actual bottom may come earlier.

💡 Slightly Tipsy Ramblings

Trading is not fortune-telling; what we can do is develop strategies based on the current structure and then adjust according to market dynamics. Remember: don’t try to pick the top, don’t bottom-fish, only confirm on the right side.
#加密市场小幅下跌