Let me talk about the revision of ETH's trend:

The previous view was to buy at the bottom of the 6H channel lower track 3500. Yesterday, it rebounded to 3660U and started to fall again. If it loses 3500 points, the future market will be terrible.

If it loses 3500 points, ETH's new falling target will be 3000-3100, which means that yesterday's pull-up was an escape opportunity. What is the logic supporting this view?

The big cake is in the reverse arc. Yesterday, it rebounded to the neckline and inserted a pin to start a second decline. However, ETH is in the positive arc, which is also a sign of decline. Yesterday's rebound also touched the neckline 3660U and ended.

After breaking 3500 points, the falling target of the positive arc is: between 3000-3100, and the previously established 6H channel lower track support 3500 is invalid.

Patiently pay attention to the 3500 point defense battle in the next two days.

#ETH