ETH is basically drawing a door. From the 4-hour chart, it has fallen from a high of 3500 to around 2855. At present, the previous low support is still very strong. Remember to take profit for short orders.

The exchange rate continues to maintain a low of 0.048. Ether is still relatively weak. At most, it can only be arranged on the left side.

The sentiment of the US stock market crash is still continuing. The market needs time to brew. At this stage, the probability of a V-turn pullback is not high. At least it will have to fluctuate for a while before choosing a direction.

Next, there is a high probability that there will be a second bottoming out like the big cake. The upper pressure of the intraday operation is 2960-2990. Short short at highs, and the target is the lower low of 2800-2850 support and target.