The exchange rate trend of ETH is really impressive. The exchange rate rises sharply as a result of mindless short selling.

ETH's market share is not only squeezed by BTC, but also sucked by various altcoins. After the false breakthrough of the 4-hour wedge chart drawn before, the price fell back to its original position, and now the suppression of 2400 is very obvious.

And Vitalik is still in love. Is this forcing retail investors to sell? Is there a bigger layout behind it, and he is preparing to take advantage of the low price to absorb the funds?

Next, the big support level is around 2130, which is the last line of defense for the bulls.