This wave of bullish trend has "already" (bulls say "only") run half. The large wave segment from eth 1775-2725 has been completed, with an increase of about 930 points. If it adjusts to 0.382, the lowest point of the pullback will be around 2370 (which can only be realized after breaking below 2444). This is the starting point of the rise from a few days ago (at that time it was said that after breaking 2380-2444, there would be 300 points of space without strong resistance, a clear path). It serves as the strongest support in the short term. If the price reaches this level, it will be a bottom-buying point. After the adjustment, the next large wave segment will move from 2770 to 4036, running for about 4 weeks. As long as it stabilizes above 2660 in the short term, it will head towards the 3-4k direction.
From yesterday to today, it is in a 12-hour level adjustment cycle. Currently, the downward momentum in the 4-hour level is weakening, and it will undergo a 6-8 hour level adjustment. If it stops falling, the adjustment within the daily line will end.
The indicators at the 3, 5-day, and weekly levels are healthy, and the medium-term bullish trend remains unchanged. It will only turn bearish if it breaks below 2110.