By the data we now have on the chart and the time that has passed, the structure becomes clearer
From where we put the red arrow on the chart, it looks like the ETHFI correction has started.
The degree of correction pattern seems to be large.
We have a SWAP supply range, if the price reaches this range, we will look for sell/short positions.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You