After a short-term breakthrough of 3k, ETH has not stabilized and quickly retraced. The current price is near the lower edge of the fluctuation range, which is also a small support level, with the price targeting around 2950. It remains weak, continuing to decline, and there is a high probability that this level will not hold. If it breaks down, it is estimated to go towards 2850.

This is also near the 0.382 retracement level, which belongs to a small second bottom standard. Therefore, I plan to consider entering a long position at the 2850 level and just wait patiently. In fact, the most important thing right now is to have the patience to wait for the right entry point. It's best not to make random moves when the cost performance is not high, as it can easily trigger stop-losses.

Additionally, we entered this retracement at the lowest point, so we have also captured a significant wave. Now, I am more cautious in my trend judgment to prevent profit pullbacks. It may not be captured, but it must be stable. Of course, if a significant trend occurs, I will immediately adjust my new judgment.

If it doesn't make a sound, it will shock the world.