Ethereum's critical turning point is approaching! The last surge before the storm?
The ETH daily chart has entered a divergence phase. Once the 4-hour center is completed, a significant pullback is almost inevitable.
Last night saw a high followed by a retreat, and the bullish defense line was completely breached, but the bears may have to wait a little longer—current momentum in the third segment of the 4-hour center is strong, likely leading to one last wave of false bullishness (but it's hard to break the previous high of 2879).
Next, keep a close eye on two key signals:
If the rebound breaks 2879: divergence confirmed, go short decisively!
If blocked below 2879: directly take a stop loss and go short, waiting for a break below the daily low to confirm the start of the decline!
Next, I will continue to layout my strategy. Instead of blindly exploring and being unable to capture the best entry and exit points leading to holding losses, it’s better to follow me, those who agree can directly join.
