There is really nothing good to see in the market recently. This morning, the SEC is concluding its investigation into Ethereum 2.0 and will no longer accuse ETH sales of securities trading. Ethereum rebounded briefly due to the news.

First, from the perspective of the exchange rate, the price rebounded after a second step on the support pressure swap position, which is a good state. It is currently under short-term horizontal pressure of the exchange rate.

ETH itself rebounded 2B at a low point and is currently stagnant below the horizontal support pressure swap position.

I think today's rebound is just a rebound, not a reversal. Only when Ethereum breaks through the previous high point and the exchange rate breaks through the pressure at the same time, the market has the potential for a reversal. $ETH