Attention! This surge for $ETH might be about to change!
The daily level is clearly struggling to rise, and once the 4-hour chart completes its oscillation range, a big drop is definitely coming!
Ethereum surged again last night, right? But it was directly smashed down, not only erasing all the gains but this drop isn't over yet!
Now there is a key signal: the third wave of the second oscillation range in the 4-hour chart is more intense than the previous ones. There might be a rebound after this, but don’t expect to break the high of 2879 from last night!
Next, keep a close eye on how this rebound concludes—if it dares to set a new high, go short without hesitation;
If it can't even touch 2879, quickly prepare to set stop losses and get ready to short, focusing on whether the subsequent drop will break today’s new low!
