#BinanceABCs
Ethereum's 1-hour structure continues to decline, breaking the lowest point around 2876 again at 12 noon. Pay attention to the support levels of 2930 and 2850 for Ethereum. Yesterday, Ethereum rebounded near 2920, and today a rebound near 2870 is also possible.
Currently, from the market, we can see that Ethereum has formed a bottom divergence in the 1-hour structure, indicating that the bearish strength is weakening. Therefore, for Ethereum, in the next 8 hours or so, it will enter a range-bound or slightly upward corrective trend.
Bitcoin: 85800-86200, target: 87500
Second coin: 2900-2930, target: 3020

