ETH Trend Decomposition

The bottom range oscillation is approaching 100 days of accumulation, with the price starting in early November, breaking through the accumulation range, achieving about a 46% increase from the low point in the short term, regarded as the trend initiation phase.

After that, the price naturally corrected, starting a fluctuating upward trend that has maintained for about 3 weeks now, which is considered the trend running phase.

So far, there has been no signal indicating the end of the trend running phase, meaning it may continue; however, it is impossible to determine how long it will last.

Our understanding of the trend is

Accumulation — Initiation — Running — Extreme — Reversal

Currently, we are only in the running phase, meaning from a trend perspective, it can only be regarded as a mid-term trend at this point. If there is a good cost basis, one can hold on and wait for the trend to develop! #加密沙皇 #历史见证者打卡