Those who have grasped the rhythm of this ETH market wave have already had their fill.

Looking back at the market trend in late November: on the 21st, a signal to stop falling was observed, and on the 22nd, the position at 2776 - reviewing it now is simply a golden entry point. After that, it directly surged over 18%+. Before the adjustment began last weekend, there was a warning, and the result fell over 12%. Those who know how to play can profit from both ends, while those who don't are left just staring.

The key support marked below yesterday, let's compare it with the actual trend? The accuracy is ridiculously high. I wonder if friends waiting for a second bottom have seized the opportunity; at least those who have seen the analysis should have successfully entered, and the stop-loss protection was also done beautifully.

The recent rebound of ETH starting from 2716 may be a correction for the decline in the blue box shown in the chart, or it could be at the level of the red box. The difference between the two lies in the level of operation, amplitude, and time cycle. This is also why there was confidence to clearly take a bullish stance on the 21st—because the technical structure is there.

The Gann time window of 12.1 mentioned earlier now seems likely to be the end of the adjustment after the first wave of rebound. In other words, the decline from 3099 to 2716 is either a complete correction of the rise from 2623 to 3099 or just a partial correction. Even if it is partial, the progress has already completed over 80%.

Next, focus on the subsequent trend. If the support below holds, there will still be room for an upward move at the same level. Conversely, if it breaks below the low of 11.21, it may trigger a decline at the red box level, with the next important time node around 12.8.

Even if 2623.57 to 3099 is the entirety of the entire round of rebound, after the next round of a similar level decline ends, as long as the endpoint of the decline that started at 4956 can be confirmed, the opportunity for a daily-level rebound will come. Friends who are still waiting for a second bottom: be careful not to blindly bottom-fish during this stage. When the trend is downward, fighting against the trend can lead to severe losses.