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Whose general is ETH?
Recently, ETH has been very fierce. One must not go "south"; as the art of war says, "avoid its sharpness and strike at its slackness;"
So, let's chat quietly.
In the previous article ("Can ETH reach 4000?" published on June 7, later restricted to invisible due to violations)
If friends have seen it, they should know that at that time the "Wave Theory" was still used for parameter calculation.
If the screenshot can be shared, there will be no review here; you can look at the picture.
Around June 20th, influenced by fundamental information, ETH broke below the theoretical standard range of the second wave and entered a larger range of fluctuations. Then it quickly returned to the original standard wave range of the second wave.
When such a trend appears, looking back at history, most of the time it undergoes a large range of fluctuations, then after a few months, a new trend begins. However, this time ETH is quite fierce, it took off directly. I wonder whose vassal it belongs to this time? Is there someone pushing from behind?
The previous article on wave theory can still be considered valid. The small level is considered the 123 waves, currently belonging to the small third wave;
The data parameter in the previous article indicates that the high value of the third wave C is approximately 3725;
It is better to observe quietly at the moment, as the market is one-sided and both large and small time frames are in overbought territory.