$ETH The volatility relatively objectively reflects the current overall sentiment. The weekly perspective is as follows:
Historically, there have been three similar turning points: the first (July 21), the second (April 22), and the third (October 24), all located in the middle of a downward trend with a consolidation period of nearly two months.
From the perspective of the time window, it is currently nearing the end of consolidation. Pay attention to whether the position at 2850 (yellow line) will break below the weekly closing. If it breaks, it may follow the situation marked by the red circle 2; otherwise, you can hold on and wait for the MACD to cross above, aiming for a market movement that reaches at least 4000 points.
