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ETH's overall structure remains unchanged from yesterday and continues to follow the established path. The rebound from 1748 has entered its final stage; the earliest point for a rebound this week or next week could be the end or a turning point for market acceleration.
The only current concern is whether there will be a new high above 2386. Moving forward, pay attention to two things:
1. After 8:00 AM on April 3rd, no new lows below 1940 are allowed; otherwise, there is a high probability that no new highs will appear later. Even if they do, it will only be a quick spike to drain liquidity above, followed by a rapid plunge.
2. This week's weekly K-line closing must be above 2190; otherwise, the probability of reaching a new high will decrease.
In the first half of April, we need to pay extra attention. Regardless of whether there is a new high, I hope everyone is prepared for a major 400-point drop in ETH.