ETH Market Analysis:

In terms of Ethereum, the current market situation does not support an independent trend. The small scale is operating in a parallel channel at a high position, and yesterday's rebound was blocked near the central line. Now we need to see if it continues to decline!

At the same time, the high-level parallel channel of Ethereum is also something that needs to be closely monitored. If it effectively breaks below this channel, the market may experience a wave of panic selling, especially pay attention to the previous low point during the pullback. A further drop below this level will accelerate the decline!