Two days ago, I mentioned that I am anticipating the arrival of Ether to the 2800 area for a clearer picture. Indeed, the price touched 2907 and then bounced back quickly.

What is happening now is very clear:

Quick and deliberate cleaning of high-leverage positions... A completely logical step from market makers before entering a month filled with strong events, most of which are positive, God willing — and I pointed this out in the previous post.

The current movement seems like a natural correction, but the mixed analysis suggests that the accumulation and fluctuation phase is nearing its end. If this scenario is correct, we may witness a good upward wave across the entire market until December 12 — and God knows best.

Why did I specify four days?

The reason is the current retest, which — with high probability — will fail to break the downward trend.

Yesterday, liquidity was withdrawn from short positions, and with any healthy market, we now need new liquidity to enter...

But where will it come from and how?

This is solely in God's hands, and we are watching.