【Review of the three major wave segments of ETH in the past six months, locking in major bottom points for the short to medium term】

Retracement Major Wave 1:

Decline: 4109-1384 = 2,725 points

2725*0.382 = 1,040.95

2725*0.5 = 1,362.5

2725*0.618 = 1,684.05

1384+1041 = 2,425 (Strong Resistance 1, after breaking through and stabilizing, resistance turns into support, this level has been broken twice in the last 4 weeks, so it is a short-term bottom point)

1384+1362.5 = 2,746.5 (Strong Resistance 2, has not stabilized to date)

1384+1684 = 3,068 (Strong Resistance 3, needs to stabilize above 2880 before breaking through)

Rebound Major Wave 2:

Rise: 2879-1384 = 1,495 points, rebound coefficient: between 0.50-0.618.

Retracement Major Wave 3 (Currently, the retracement major wave is not yet established, as it has not reversed to a bearish trend; it needs to break below 2425 and then fail to recover for this retracement wave to be established; the upward momentum at the weekly level has weakened, making it unsuitable for further chasing highs; in the short to medium term, it is necessary to guard against another drop below 2400. Before stabilizing above 2880, the following are reference bottom points for daily level retracements. When it first breaks and reaches 3068, this level is strong resistance, providing the highest cost-effectiveness for shorting):

1495*0.382 = 571.09

1495*0.5 = 747.5

1495*0.618 = 923.91

2879-571 = 2,308 (Bottom Point 1, after breaking below 2400)

2879-747.5 = 2,131.5 (Bottom Point 2, after breaking below 2300)

2879-924 = 1,955 (Bottom Point 3, after the first break below the 2000 mark)