$ETH 30 minutes of a retracement trend, which may have been completed. To construct the current level structure, an upward movement is required first. The question mark in the chart indicates the rebound target, expected to be near the previous high or around $4400, after which the trend may turn downward again. Personally, I will wait for the price to rebound to the target area and then observe the real-time market structure to determine whether to enter a short position.
Chart two is a 5-minute price chart, which has two classifications at the secondary level structure: price retracement forms a second type of buy point, or new lows create a first type of buy point, but the overall 30-minute upward trend remains unchanged.
