ETH's recent trend has been accurately predicted again, and long positions have entered smoothly! I've been reminding everyone to wait until it drops near 2730 to enter a heavy long position.
Just a reminder: remember to take profits in batches on your long positions. Here, you can adjust your strategy, leave some positions and set a breakeven stop-loss to hold on. After all, our cost is below 2730, and this drop completely aligns with our prediction, serving as both a second bottom test and the low point of an ascending wedge. The decline has fully played out.
So, moving forward, we should be looking bullish; this rebound will likely be strong. Currently, many indicators are diverging, which is a signal of a stop in the decline and a bullish outlook. Moreover, after the second bottom test concludes, it will initiate a small-scale main upward wave.
If the trend is strong, it may accelerate directly; if it's slightly weaker, there may be some oscillation before a rebound. If there is a spike that induces shorts, that will be the last opportunity to get in. Personally, I lean towards a few days of oscillation followed by direct acceleration, with a target looking towards 3000 points.
