ETH has very limited room to fall back below! 🚫
Unless it is expected to enter a bear market, the decline will be minimal. If the current situation is regarded as a precursor to a rebound, Fibonacci analysis shows that the lowest support level is between 2220 and 2260. Once it is touched, it is expected to rebound. 📈
If this range is lost, the outlook will be worrying, the attractiveness of currency speculation will be greatly reduced, or it may mark the beginning of a new round of bear market. However, based on the principle of not blindly guessing the bottom, it seems that the probability of this happening is not high at present. 💰 $BTC $ETH