[ETH Signal Practical] This wave of bottom reversal looks a bit like "wash first then pump"?

If BTC is the king of sideways trading, then ETH has recently become the "rollercoaster champion." 👀 In the chart, we can clearly see that my indicators have already signaled a top near the previous highs, followed by a precise downward spike, which washed out a lot of positions. Here's the key — 📍 After this downward spike retraced to the blue moving average band, a bottom signal appeared again, forming an engulfing bullish candle + bullish initiation marker. Doesn't it feel a bit familiar? That's right, it's just like the previous breakout initiation structure.

🔍The current ETH price has approached above 2600. In the short term, if it breaks through 2640 with volume, there will be a chance to challenge the strong resistance zone around 2700. However, it is important to note that 2570 is still a key short-term support. As long as it does not break, the long position can continue to be held.

📌The indicator I use is not a divine prediction, but "real trading validation": when to enter, when to observe, all depends on signals, not on feelings or random guesses.

💬What do you think about the rebound after this pullback? Have you been shaken out by this spike before seeing it take off? (Those who understand, understand)

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