The last callback was initiated by SOL, so we can predict the upcoming bottoming of BTC and ETH by tracing back to the golden ratio point of SOL. This time, the market is synchronously dropping during the needle formation, meaning we cannot predict the bottoming of BTC and ETH based on the bottoming position of SOL. Instead, we need to infer the bottoming of BTC and SOL based on the bottoming of ETH. ETH is currently in a daily adjustment cycle and still has a demand for one more drop, with the next low point expected between 4312-4286.

In the short term, there is one more short opportunity today after a slight rebound, so it’s best not to get involved.

BTC is preparing to bottom around 115500.

ETH is looking to bottom between 4312 and 4286.

SOL is looking to bottom around 176.65-175.65.