On May 8th, we analyzed the overall macro situation of $ETH . Of course, due to the improvement in its fundamentals, I raised its ideal target from 10,000 to 20,000. Now, I’ll supplement with a chart where you can see that Auntie has been moving within the monthly triangle in an ABC 3-wave adjustment. The last ABC can correspond to the d and e points of the bull market flag in our previous chart and the final upward target. Since I am heavily invested, from a safety perspective, I exited at point d, and after re-entering at point e, I will ultimately exit in batches between 6,500 and 9,500 to secure my gains. However, leaving some light positions to exit around 20,000 is also an option. The screenshot contains text explanations for further reference.

Lastly, I want to mention that our pinned article around April 6th repeatedly called for the bottom of $BTC . This is based on the similarity of my trading system with wave theory and the Wyckoff accumulation and distribution principles. Major tops and bottoms can be clearly observed when they appear, allowing us to ignore the false information presented by macro fundamentals. During that dark period in early April, only those who held firm in their bullish outlook could lead you to the dawn. You should continue to pay attention to them, while those big accounts constantly calling for a bear market at 50,000, 60,000, or 30,000 can be unfollowed directly, because these individuals were scared by the tariffs and media-spread economic crisis rhetoric during that time, and without a rigorous technical theory to support them, they can only follow the herd.