Ethereum's pin dropped to the 3465 line and stopped. From the current market perspective, the daily structure has turned into a bearish K-line retracement, with a deep lower shadow,

The price of the coin once retraced to the lower track, and although it did not break through the lower track, the market has provided a certain liquidation force for the bulls. From the current form, the retracement of the lower shadow has already been given,

And the market has recovered the middle track, as long as the middle track holds, isn't this a similar plot to last Friday? As long as the middle track holds, we can continue to maintain a bullish outlook!