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Ethereum's trend pattern is really quite interesting. Previously, every time it dropped to the 3600 to 3700 range, it would almost immediately turn around and push up to 4200 to 4300. This pattern has been accurate many times. But the last wave was different—it actually broke through directly. Thinking carefully, where is the problem? It turns out that the key level was broken during the daytime.
Everyone needs to understand a logic—those truly controlling the market are the institutions over in the US. They wouldn't set their best strategic points for retail investors to buy the dip during the day. If in the next two or three days, we see extremely low levels like 2600 to 2700 during the daytime, then don’t rush to buy the dip. There must be a pattern behind this abnormal phenomenon, and only at night can we see the true intentions of the big players. The trends of mainstream coins like Bitcoin and Ripple also follow this logic.