Take a look at the Ethereum USDT chart. After the completion of the standard ABCD bearish pattern, there was no subsequent move to break 3540; instead, a correction in the CD segment unfolded.

Pay attention to the smaller timeframes on the right—could a new bullish ABCD pattern be forming? The outline of a sub-pattern is already emerging, just waiting for the final touch.

Due to sparse trading volume over the weekend, the chart is in a state of disorderly oscillation. Those short positions that originally aimed to enter higher up should probably remain on the sidelines for now. The margin for error on smaller timeframes is actually quite high, so there's no need to rush.

The main focus is on the 3130 level. Basically, this is a bullish Bat pattern—Bats have two key points of support. One is near the 2830 area, which aligns with the entry logic of the previous two short positions, and can be identified along the three-push structure to find a bottom. In extreme cases, a mutated Bat might test the false break at 2600, which is also worth being cautious about.