Yesterday, Ethereum strengthened for a short time, and many people probably thought Ethereum was about to rise again. I, Han Jie, also had this thought. But reason reminded me that Bitcoin's trend cannot support Ethereum's strength.
From the four-hour chart, a false breakout occurred in the parallel channel, and it quickly fell back into the channel.
Moreover, the Ethereum Foundation is still selling coins, which is not a good sign.
Yesterday, I also updated the Ethereum CME chart, and there is a large gap area above, making it quite difficult to fill.
However, the CME gap below is around 2600, which is quite close, making the filling easier.
I also see many brothers believe that Ethereum has a higher probability of filling the gap downward.
