#ETH fell from a price of 3239 to the current 3038. Will the next market trend be a continuation of the rally or a continuation of the downtrend?

Currently, from the K-line technical indicators, there will be an upward rebound at the 4-hour level, seeing if it can reach the middle track of the Bollinger Bands at the 3115 point. From the daily level, it looks like there will be a continued downtrend this evening.

Over the weekend, the overall market trend is likely to be a fluctuating downward trend.

If it can rebound to around 3078-3115, we can continue to position for a bearish outlook.