ETH market analysis:
Since 12:00 last night, the market fell by about 2%, and encountered strong resistance when approaching 2500 on the 8th and 9th. From the 4-hour line, the market trend has turned to short.
From the perspective of the daily and weekly lines, ETH is still in a short position. The 4-hour line also shows a downward trend. If the decline cannot be stopped, the short pressure of the daily and weekly lines will continue. To reverse this situation, the price must break through the 2500 mark to end the current downward trend. #ETH🔥🔥🔥🔥