#Gate广场圣诞送温暖 currently targets the general direction of ETH

① The current low point formed, which is around the 2620 level, is very likely to be the lowest point of this decline. Even if it is not, it will definitely be the second lowest point. Even if the price drops again to find a bottom, it will at most reach a position within the range of 【2500-2600】, absolutely stopping the decline. However, I don't think the possibility of another sharp drop is very high. In other words, the phase of decline is very likely to be coming to an end.

②ETH (not BTC) has already entered a bear market environment and rhythm since the end of September this year. Moreover, as BTC unknowingly falls into a bear market predicament, ETH may still present a more severe decline. However, this will happen after a phase of upward movement.

③If ETH starts a phase of rising, whether from the low point of this round or after another drop, the target position is around 3800.