According to the Fibonacci retracement indicator, every time ETH has dropped from its peak, each rebound has been stuck at each Fibonacci low point, becoming lower each time. Today, it has just hit this point and has fallen back. I predict the true bottom is above 2750, roughly in the 2820-2750 range.

It may take a day or two to reach, but I believe before the real main upward wave starts, there will definitely be a significant pullback that will leave all retail investors in despair, which will lead to a complete climax and the start of the main upward wave.

A few days ago, I accurately predicted the low point of 3030. Originally, this position was considered the bottom, but currently, it is challenging to say that 3030 is the true bottom. There is no choice but to lower the range.

I might be a bit pessimistic, but I will be patient.

Please remember that when the real main upward wave starts, there will also be many opportunities for you to get on board, so do not be afraid of missing out. The most important thing is to survive.

🫡