Ethereum $ETH , as mentioned yesterday, it is different from Bitcoin. When Bitcoin breaks its previous low, it may not continue to break lower, because the necessary actions can be considered completed.
Sure enough, last night, Bitcoin broke its previous low, and Ethereum did not drop in sync. Instead, it made a second probe and then started to rise. A bullish arrangement has begun to appear on a smaller scale, and the daily line has a bullish engulfing pattern. Currently, Ethereum is under pressure from the horizontal resistance and trend line ahead. For those who haven’t entered at the lows, do not chase; wait for the trend line to be broken and then retested before considering entering. The lower support is at 4240 and 4180.
