$ETH

Ethereum can finally take a break and follow Bitcoin for the time being. It seems Bitcoin may break its previous high tonight, while Ethereum hasn't reached 2.6 yet. This not only indicates Ethereum's weakness but also highlights that the resistance and pressure above Ethereum are too strong.

In terms of short-term trend operations, we still hold a bearish outlook because Ethereum tends to follow the decline rather than the rise. When Bitcoin is pushing for a new high, there might be a pullback; once that happens, Ethereum will likely follow.

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