Analyze ETH. The short-term price has sharply declined again. This market trend has been indicating since the day before yesterday because the pattern is in an ascending wedge, which is a bearish pattern. At least there will be another wave of accelerated decline.

In real-time, this is indeed the case. After rebounding to around 3050, it directly accelerated downward. The normal low point of an ascending wedge is the starting point, corresponding to a price near 2730. Therefore, there is still at least over a hundred points of decline before a stop-loss signal appears. From the 4-hour level, this indicates a second bottoming situation, with the low point also around 2730u. If there is another short-term acceleration to around 2730, it is advisable to enter a long position with heavy investment.