As mentioned in the midday analysis: "If 1700 is lost, short-term panic selling may be unleashed." The current market situation fully confirms this judgment! 📉



After repeatedly testing the 1700-1710 support zone without success, the bulls' defense line has completely collapsed. A large bearish candle directly breaks through the psychological barrier, and the current price is accelerating downward, heading straight for our initial short target of 1680 (as shown in the blue circle area).
ETH-5.45%
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