Ethereum's decline structure has emerged, with a converging triangle breaking downward. The rebound after testing and confirming did not continue, and it couldn't hold above 2000, reaching a high of around 1995. After breaking below 1980, it retested 1980 and continued to decline. The C2 rebound, which was supposed to end within three weeks as proposed on the 6th, has now been accelerated. Similar to the previous situation above 3000, it seems that the later stage will be strongly bearish. Currently, the main wave is a large D wave, which is a C3 decline, with a target to break the previous low and reach around 1500. The Bitcoin target is 57578.