Unfortunately, Ethereum has hit a new low again. Although there was a rebound, the Fibonacci (0.618) level did not hold. Around 3400 is considered a short-term high point. It is currently showing a downward trend. If the rebound cannot break through the midline of the channel (around 3290), a significant downward trend may begin.
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$ETH
Unfortunately, Ethereum has hit a new low again. Although there was a rebound, the Fibonacci (0.618) level did not hold. Around 3400 is considered a short-term high point. It is currently showing a downward trend. If the rebound cannot break through the midline of the channel (around 3290), a significant downward trend may begin.