$ETH analysis updates
Today is the second day after the market crash. The market has rebounded and is currently in a downward-sloping wedge shape. After two consecutive days of fluctuations, it can be clearly felt that the market sentiment is cautious and buyers and sellers are having difficulty making decisions.
Taking ETH as an example, it will continue to fluctuate downward in a narrow space. It may become a turning point at the lowest level of around 2,600, or it may rise directly, with a high probability of upward. The temporary target is $3,000, which may take two days to complete.