Yesterday, Ethereum dropped from the high point of 3497 to around 3100. Today, it closed back up to around 3472, with little fluctuation. However, the HY market has basically been cleaned up. Bitcoin is currently in a consolidation phase, while Ethereum still has some rebound demand. The upper range around 3600 should see some movement; there’s always a feeling that this round of negative pressure is just a washout. Bitcoin hasn’t changed much, and Ethereum has been mostly cleaned up. This round of Ethereum started rising on the 11th, with the highest increase being 72%. Yesterday, the lowest point just happened to be 59% of the increase. Now that the washout is over, the next upward movement should be more relaxed.