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ETH has completed the first wave; now waiting for the next-high point
To be honest, when ETH shot up directly yesterday, why didn’t I act? Because there were no top signals from the chart pattern, and the first wave of acceleration is usually the fiercest—shorting directly is likely to get swept, so I chose to wait and see
Now it’s different. This rebound is going up to the next-high point, so it’s actually more stable
Plan to short in the 2430 to 2450 range, set the stop loss at 2482, and initially look at 2270 for the target
The logic is simple: the first wave is acceleration—it can’t be chased off; the second wave is exhaustion—then it’s worth taking the bet
The analyst believes this pullback has to go at least near 2270 #ETH $ETH