The daily trend of $ETH has currently shifted from bearish to bullish, and it has been continuously oscillating after reaching this concentrated area of chips.
The breakout on the hourly level has also started to slow down.
However, the current rebound is a regular trend and has not reversed the overall movement.
Currently, there is still a bit of space above, but it is not significant; the bearish trend is still continuing.
So we can continue to look downwards in line with the trend.
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