🌟 ETH Wave Analysis: The third wave is nearing its end, where will the next wave be? 🚀
ETH surged from a bottom of 3360 to 3885, an increase of over 15%! 📈
Currently approaching the target of 3925, the third wave is about to complete! What will happen next?
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🔍🔥 Prediction:
1️⃣
Fourth wave correction: Pullback to 3750-3622 (Fibonacci 0.382-0.5), consolidate sideways before hitting 4000!
2️⃣
Fifth wave explosion: Break through 3925, heading straight for 4000-4100, pay attention to Binance Futures volume!
3️⃣
Beware of false breakouts: If it stagnates at 3925, it may drop back to 3622, be cautious with high leverage!
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Key Indicators (TradingView): RSI: Be cautious of overbought, bullish in the 50-60 range. Support: 3750/3622 | Resistance: 3925/4000. Volume: A breakout requires increased volume, otherwise be wary of a pullback!
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Market Sentiment: Binance Alpha's new coins (like INFINIT
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) are driving the trend, ETH contract trading is booming (@binance). Is it FOMO or a calm layout? What do you think?
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Advice: Light positions, focus on the 3925 breakout, stop loss at 3495!