#ETH has overturned.

Yesterday's orders looking for a rebound at 3750 were severely stopped out.

--- The overall wide fluctuation structure of Ethereum has not been damaged, pay close attention to the support at the lower bound of 3520-3500!

--- In the short term, pay attention to the pressure at 2720, the importance here is similar to Bitcoin's 116000.

--- From a larger perspective in the second chart, whether it will form a head and shoulders top, I don't know, but the neckline is around 3520, and it can't escape from here. If it falls below this level, it may very well become the starting point of a phase correction!

--- Observe the four-hour EMA 144/169.