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Agent for “1011 Insider Whale”: ETH’s downtrend may have run its course; a new uptrend is beginning
Svmuu News: Garrett Jin, a representative of "1011 Insider Whale," released a technical analysis of ETH, stating that ETH’s Wave C decline began on October 10, the overall downtrend was halted around November 20, and the fifth wave decline failed on December 18, indicating that downward momentum has exhausted. He believes that ETH has re-entered the fifth wave of the ascending channel formed since last April. Based on this technical structure, he has set a theoretical target of $5,413 and an aggressive target of $7,155.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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