ETH is still not favored to rally at this point, a chasm at 2700!
ETH daily still can't break above 2700, and after breaking 2700 on the 4-hour chart, it started accelerating downwards. This wave of increase has basically ended, entering a phase of oscillation and decline, waiting for a big spike and BTC to lead, potentially starting a new round of market movement around the 5th;
Long positions have been stopped out, observing for now. ETH is likely to enter a downward wave 3 on the 4-hour chart. Currently, it is in a weak rebound of wave 2. Watch the three 4-hour candlesticks, then it will go down. The upper pressure is seen at 2680-2700, while the lower support is at 2450-2350;
