The recent trend of Ethereum has been weak, with the exchange rate frequently hitting new lows. Meanwhile, Bitcoin has continued to rise, reaching new highs. It is worth noting that Ethereum formed a pattern of two bearish candles sandwiching one bullish candle in yesterday's market performance, which is technically interpreted as a bearish signal.

At the same time, the downward signal of the MACD indicator is becoming increasingly evident, showing that the current market trend is weak. Currently, the price of Ethereum is around 3096. The entry point at 3050 was open for everyone, and as long as we maintain a position without incurring losses, we can continue to hold and observe the subsequent trend, while other new operational plans can be put on hold for now.

From a broader perspective, Ethereum's weekly chart has also shown two consecutive weeks with long upper shadows on the candles; last week was a bearish candle, and so far this week is a bullish candle. This pattern raises the question: does this indicate that prices will continue to rise, or is it just a brief moment of brightness before a short-term peak? Currently, the market does not have a clear answer to this question.

However, it is worth noting that our entry price of 3050 happens to be the starting point of Ethereum's significant rise on May 20 this year. Therefore, as long as we keep our cost unchanged, meaning we do not incur losses, we have enough patience to wait for the market to provide more signals, allowing it to run freely like a horse.

This is a personal opinion and is for reference only! (Join the convoy, ride the waves together, and create brilliance!) #ETH🔥🔥🔥🔥 #合约挂单