$ETH Currently, the short-term bullish momentum is beginning to show signs of fatigue, as mentioned this morning. However, despite the fatigue, the trend remains unchanged. Therefore, I advised everyone to buy on dips from the morning. Fortunately, the dip prediction was quite accurate, and buying near 109300 in the morning yielded over 1000 points. The same applies to Ethereum, which also provided the expected positions. This is about following the structure and patterns for layout and continuation. When there is obvious fatigue entering a correction phase, it is advisable to be more conservative in following rather than buying at any random points at the beginning of the week. Currently, there are not many technical points, so I won't repeat too much.

From a technical structure perspective, the short-term has officially entered a correction and adjustment phase. This is mainly due to the overall space brought about by the breakout volume on the weekly chart. Since the breakout did not lead to a correction phase, it is normal to have a period of correction. The daily chart has turned bearish for the first time after a series of upward candles, and the pattern still shows a pause signal rather than a reversal signal. The trend remains bullish, but it may enter a few days of oscillation. There has been no significant rebound during the pullback in the short term, and it is clear that support has not yet been confirmed. Currently, there is still space to watch below. In the bullish correction and oscillation phase, both bulls and bears can participate, but it is best to follow the trend and buy on dips. The plan for Wednesday is to buy on dips at 109300-108800, with a target near 111000. For Ethereum, focus on buying in the 2750-2730 range, with a target near 2880.$ETH