Ethereum hit a bottom and rebounded at 9:00 AM, then continued to decline steadily. The 15-minute bullish bottom pattern candlestick suggests that many who chased the long positions may have been caught. Currently, the market sentiment is lacking in funding support and bullish willingness. The 1812 support level has been tested multiple times with weak rebounds. A descending triangle has basically formed, with a high probability of breaking below the 1800 key support level. Overall, the outlook is bearish, with a preference for short positions. Will update the levels shortly #Vitalik累计出售2.17万枚ETH

ETH-0,35%
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