After ETH broke out early yesterday morning, it closed with a golden needle candlestick at 8 AM, signaling the end of the rebound trend.

As Bitcoin retraces from its high, ETH will enter a phase of following the decline— the deeper Bitcoin falls, the larger the downward adjustment space for ETH.

Don't be misled by short-term surges; the euphoria among the bulls has clearly faded. As representatives of the bears, there's no need to be pleased with today's slight pullback; maintaining calm is key.

Currently, focus on the 2660-2700 support zone. If 2660 is lost, the price will return to the 2400-2500 range.