ETH has first faked a break below the downtrend line.

Then it broke below the rebound trend line.
The “bulls-and-bears double wipeout” is already certain.
A fake breakout means the bulls’ strength is exhausted.
Losing the rebound trend line suggests the rebound rally has most likely ended.
With these two signals stacking together,
it can basically be confirmed that ETH has entered the second half of the bear market.
Big moves are unlikely in the short term.
For your low-leverage long positions in ETH,
in the next few days, reduce your positions step by step on rebounds to
free up positions and funds.
Wait patiently for the next clear opportunity.
In the second half of the bear market, protecting your principal is more important than anything else. #加密市场下跌15万人爆仓