The midday market for $ETH has not effectively formed support at the 4177 line, but rather flows east like a long river, consistent with the morning's high short strategy. The daily A-B-C adjustment C wave target remains unchanged at 4150. The 1H has completed a five-wave decline (A wave in the 4H level Y wave), and has gained temporary support near 4230. In the afternoon, it is still possible to test whether the short-term support at the 4230 line is effective. If the support is effective, (A) wave 4575-4228 is established, and we will continue to move towards (B) (C) waves. The specific target calculation strategy can be found in previous articles. You can calculate it using Fibonacci percentages. From the K-line pattern perspective: the support level near 4370 has converted into today’s pressure level. The B wave target is 4360 based on the 0.382 calculation, and the pressure level is basically consistent.
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