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This market support and trend are all used to break down and not allow people to doubt themselves. The upward channel has been running for so long but still broke down, yes, and it was a real break below.
The current position, trend, and market feedback are still not optimistic. If Ethereum cannot stop its decline at this level, there is a high probability that there will be another wave of acceleration downward. Recently, each dip has been very small in terms of closing strength, and there is no news that can directly bring liquidity in and boost the market.
It seems everyone has already accepted the rule that a bear market can only decline, but is that really the case? It still needs time to be verified. Ethereum breaking below 2800 is expected to head towards 2600. Keep an eye on the key support at 3000 above, a critical point for pressure reversal!#eth