Let's share why ETH is bullish. Many people are questioning why we should still buy despite the recent downturn. Firstly, this wave of decline is about to end. Since yesterday's rebound, we have seen a wave of false bullish momentum, followed by an accelerated decline. Currently, the drop has basically reached its position.

In the short term, we have been moving in an ascending wedge, and now we are starting to decline, indicating that this pattern is valid. The current price low is close to the bottom of the wedge, and a smaller descending wedge has formed. Additionally, we are about to see a candlestick close, all of which are signals for a potential stop in the decline. Therefore, using a small stop-loss to bet on a major upward wave seems worthwhile?