For those who love Ethereum, Ethereum has not seen the sun for a long time. In the past two months, the performance of Ethereum has been very poor. The price has been in a straight line of 60° along the downward channel. Although there is room for rebound, the fact that the top is constantly lowered cannot be changed. Be alert to the possibility of further smashing.

From the perspective of this round of overall rising waves, the retracement of the rising wave has reached 50%. The only reversal opportunity this month is the trend of CPI tomorrow. If the CPI trend can bring about a reversal, the price of the currency will rise and stand firm at 3100 to break the downward structure;

That means that after the retracement of 50%, the second wave of rising trend will come, but if tomorrow's CPI cannot bring a positive trend, the price of the currency may further hit the extreme support level of 0.618-2500 for the rest of this month.

The fluctuation of several hundred points has a greater impact on the contract, but it is not an opportunity for those who like spot. 2800-2500 can already be used as a spot buying site. It depends on whether there is a big rebound opportunity in the future, and wait for an opportunity to hold or leave.