The futures gap for ETH has been completely filled, and surprisingly, it was filled all at once without any daily level rebound or oscillation in the meantime.

The spot price of ETH also tested the daily mid-line support for a rebound, and the gap has now been filled.

It is important to note that, as mentioned yesterday, filling the gap does not necessarily mean it will be filled all at once, and the trend of decline does not end after the gap is filled.

Whether it continues to decline depends on the market trend driven by BTC on one hand, and on the support situation of ETH itself on the other.

Currently, the short-term support is around 4090, and resistance is observed at 4218 to see if it can hold steady!