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ETH Trend Observation: The Power of the Lunar Cycle
An interesting pattern worth noting—the lunar cycle marked by green and red arrows has consistently pointed precisely to price reversal points. This round of the lunar cycle is no exception, perfectly aligning with the top reversal.
From a trading perspective, there is a good shorting opportunity at the $3310 level where POC and GP converge. Technical indicators are indeed signaling.
The current bias is bearish. The main battlefield is below.