$ETH How to Smoothly Avoid Risks
From the 1H level perspective, ETH's situation is relatively better than $BTC , possibly related to whales selling BTC to exchange for ETH.
If you're stuck, you might expect a rebound chance back to 4542.
Currently, the view still maintains a bearish outlook.
BTC's performance is weak, failing to provide effective support for ETH's rebound.
Combined with the market's reflexivity, it's believed that after the interest rate cut expectations are fulfilled, recession is imminent.
Therefore, the macroeconomic downward pressure remains significant.