Afternoon Ethereum
After a slight drop to around 4370 in the morning, Ethereum rebounded to around 4440 and then began to trend sideways. In the afternoon, Ethereum shows signs of rebound, but there are still indications of further decline afterwards.
The strength of the short-term rebound is gradually weakening, with low points continually moving downwards. Currently, whether influenced by institutions or structurally, it is a weak pattern overall, still in a state of bearishness. In the afternoon, it continues to exhibit bearish behavior.
Refer to the two resistance levels of 4450 and 4500 for bearish outlook, looking at 4250-4150-4000.
After a slight drop to around 4370 in the morning, Ethereum rebounded to around 4440 and then began to trend sideways. In the afternoon, Ethereum shows signs of rebound, but there are still indications of further decline afterwards.
The strength of the short-term rebound is gradually weakening, with low points continually moving downwards. Currently, whether influenced by institutions or structurally, it is a weak pattern overall, still in a state of bearishness. In the afternoon, it continues to exhibit bearish behavior.
Refer to the two resistance levels of 4450 and 4500 for bearish outlook, looking at 4250-4150-4000.
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ETH
4,544.5
-0.35%