ETH has been brought down by that unreliable big brother. The ascending channel script has failed, and the price has returned to the ASR oscillation channel (below the yellow line). In the short term, I no longer expect the bullish trend to continue upwards and will shift to looking at a new oscillation market.

The first short-term pullback target is at the middle track, and the second pullback level is in the lower demand zone (the position of the 4h blue average support band in the coming days).

The larger trend structure remains a bullish background, but in the short term, the structure has indeed weakened. The long positions in BMNR have been closed, making an 11% profit. There’s really no need to hold on since the premium isn’t rising...