The daily line is a relatively long bearish candlestick with short upper and lower shadows, and the trading volume is slightly more than three-quarters of the previous day, not counting as a significant decline.
The price still encounters resistance at the daily MA30 line during the rebound, and is influenced by Bitcoin's decline, hence the drop.
The daily MA30 line is still in a downtrend, and the MACD has turned into an increasing bearish momentum near the zero axis.
Ethereum has not shown the strong trend that was expected, still needing to watch Bitcoin's movements. It was originally a good breakout trend, but it was forcefully pulled down by Bitcoin.
Next, it needs to revisit the positions of the two blue lines, 2310-2120 will have rebounds, the lower it goes, the stronger the support, and the greater the rebound force, allowing for a wave of long rebound positions.
If you want greater returns, you can start investing in Ethereum ecosystem tokens when Ethereum is close to the support level. They are leveraged Ethereum.
Daily level resistance points are 2530-2620-2730-2890, support points are 2310-2120-1870.
