$ETH From a technical perspective, the MACD green bars continue to lengthen, indicating a clear advantage for the bears. The MA144 and MA169 moving averages form a support zone below, but the price has fallen back to the dense area of the moving averages, raising doubts about the effectiveness of this support. In the short term, it is important to closely monitor the 108456 support level and the 110000 resistance level; any effective breakthrough will determine the direction of the subsequent market trend. It is recommended to closely track the long and short contest at these two key price levels.