# ETH破位下跌

$GIGGLE Why has it been falling continuously? The pain period of charitable memes.
In the past week, $GIGGLE has fallen sharply from a high of $250 to $84.63, with a further decline of 5.97% in the last 24 hours, and its market value has shrunk by over 60%. As a charity meme coin endorsed by CZ, it was supposed to soar with the popularity of Giggle Academy, but instead, it has fallen into a quagmire.
Main cause analysis: 1) After being listed on Binance, whales speculated and pumped the price, retail investors chased the highs and got caught, leading to a liquidity crisis and a selling wave.

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11.3 ETH morning Silk Road.
On the 4-hour level, the trend shows a clear resonance with the daily line: after a pullback, it strongly surged relying on the mid-track, and a short-term upward channel has already formed. The mid-track support continues to rise, and the foundation is solid and stable, making it likely for the market to continue to oscillate upward.
ETH: Around 3800-3830, target looking up at 3960-4020, break through looking at 4300#ETH破位下跌