From the daily chart, ETH's bottom formation has been gradually rising, a pattern that typically indicates a buildup before a surge. Currently, there are many voices in the market betting against ETH, whether from top analysts or retail investors, all betting on a decline. However, this extremely crowded short position actually provides an opportunity for a rebound. It is expected that by January, ETH may lead a rally in altcoins by liquidating large short positions above and attracting more counterparty traders. This not only achieves the bullish target but also creates conditions for a smoother decline afterward. The market's game is a cycle of clearing positions and accumulating momentum. Stay tuned.