$ETH This wave is falling, yesterday's high didn't even touch 3200, it turned around at 3180. Compared to Bitcoin, the decline is sharper, suggesting a bit of a catch-up decline.
Looking at the four-hour chart, the price has already hit a key support trend line nearby.
It hasn't broken, but the rebound lacks strength.
Whether it can regain above 3000 today is crucial.
If it stabilizes above 3000, there is still a chance for short-term fluctuations and repair; if it can't even hold 3000, the next support needs to be looked at below.
In terms of operation, don't rush to bottom-fish. Wait for it to show a clear stabilization signal on its own, such as the four-hour level returning above 3000 and stabilizing, then consider testing the waters with a small position.
Currently, the market sentiment is still unstable, so it's safer to watch more and act less.
Continue to pay attention: $PTB $RAVE
