$ETH It has been nearly three months since the last analysis of Ethereum, but what is coming will eventually come, and the facts still prove the effectiveness and foresight of the wave theory.

All fundamental analysis and event news that trigger market sentiment are ultimately just accelerating or slowing down the original trend. The timeliness of news and the explosiveness of public opinion all confirm the fact that "they" are short-lived.

I said in early April that the rise that began in early April this year was just an adjustment in the decline that began at the end of 24 years, and there was no upward trend wave at all. It can't exceed 4000 at most, and it will stop rising at around 3000 with a high probability. After that, a monthly decline will begin.

In terms of the super-large cycle, Ethereum has not yet walked out of the correction since the historical high at the end of 21 years, that is, the blue line adjustment of the super-large green line 5 waves. Only by breaking the purple area can the decline be truly stopped and the upward trend wave can be started, which is everyone's favorite "bull". #波浪理论