This wave of decline this morning was caused by the Israeli war. From a technical point of view, it just touched the support of the middle track of the Bollinger band on the weekly chart. You should know that since November last year, Ethereum has been in an upward channel on a weekly basis. This morning, it fell to the strong support of the middle track of the weekly chart near 2860. Since the pins fell a few days ago, it has also reached the middle track of the Bollinger band on the weekly chart. At present, the position of this middle track is a major support position in the short term! I looked at the daily chart today and there was a golden cross signal. There may be a small rebound in the short term, around 3300! $ETH
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