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$ETH 7.8 Ethereum Price Movement Analysis
In general, the trend of Ethereum remains bullish at 3400, but there is still one wave Y correction that needs to be cleared.
If it breaks higher above 2635, it will form a guiding structure, and may then decline to around 2300.
If it does not rise significantly and drops directly, the retracement could be deeper, down to approximately 2100.
Opening suggestion: wait for the Y-wave to finish its decline before restructuring medium- to long-term buy positions.
The current market condition suggests caution; traders should monitor key support and resistance levels closely.
Additionally, consider the overall market sentiment and volume before making any trading decisions.
Stay updated with the latest analysis to adjust your strategy accordingly.
#ETH走势分析 #BuyTheDipOrWaitNow?