Trading requires one key word—patience. Just like a sniper cannot afford to lose composure, risking their life. During these tough days, if we don’t see a bottom signal, we must continue to bide our time.

Regarding Ethereum’s trend, my view is that the C wave and five-wave pattern have not yet fully unfolded. From the 3447 level down to 2775, don’t rush to say this is the entire move—this decline is actually just part of C5. Where is the real bottom? Most likely around the 2100 level. In terms of timing, it should be around winter when we meet again. In the coldest months of December, whether $ETH can hold steady at this critical winter month point is worth watching.

The crypto market is like this: what’s needed is not short-term reactions, but long-term patience and an understanding of technical analysis.