#ETH The 3926 defense line has been breached, and the slightest movement in Ethereum affects the fate of many altcoins. Hunter has already hinted at the risks to the brothers an hour ago! You can see that most altcoins are retracing! Anyone who read my article would be smart enough not to rush in and get trapped! To be frank, the current market is quite dangerous. Using the five-wave analysis method, there is a risk of Ethereum triggering the fifth wave downtrend on the 12-hour chart, and the signs are becoming more evident. However, this is normal, as altcoins have been rising for quite some time. A retracement to clear out leverage and lighten the load is also in line with market operating principles! Well, let's return to the market. We have now reached the critical support at 3926 on the 4️⃣h chart! I believe this support will not hold. Next, we need to pay attention to two important supports: 1️⃣3792 and 2️⃣3691!