**THE TREND OF ETHEREUM IS HIGHLY CORRELATED WITH BITCOIN. IT ROSE TO $2,827 AT ITS HIGHEST, THEN FELL SHARPLY. IT IS CURRENTLY FLUCTUATING AROUND $2,700, WITH A DAILY DECLINE OF ABOUT 4.5%. AS THE LEADER OF SMART CONTRACT PLATFORMS, ETHEREUM HAS ALWAYS ATTRACTED MUCH ATTENTION FOR ITS ECOLOGICAL DEVELOPMENT AND TECHNOLOGICAL UPGRADES. ALTHOUGH THERE HAS BEEN SOME PROGRESS IN TECHNICAL ASPECTS SUCH AS LAYER 2 EXPANSION RECENTLY, IT IS DIFFICULT TO REMAIN IMMUNE TO THE OVERALL MARKET VOLATILITY. FROM THE DAILY LEVEL, THE PRICE IS STILL FLUCTUATING IN A RELATIVELY WIDE BOX RANGE, WITH THE KEY RESISTANCE LEVEL ABOVE IN THE RANGE OF $2,850-2,900, AND THE IMPORTANT SUPPORT LEVEL BELOW IN THE RANGE OF $2,600-2,650. IF THE RESISTANCE LEVEL CAN BE EFFECTIVELY BROKEN IN THE FUTURE, IT IS EXPECTED TO OPEN UP A NEW ROUND OF UPSIDE SPACE. OTHERWISE, BREAKING THE SUPPORT LEVEL MAY TRIGGER FURTHER CORRECTION.**
