$ETH 🔥🔥What’s going on with Ethereum—has it hit a ceiling and stalled, or is this a sign it’s gearing up for a push? Bitcoin spot inflows are continuing to drain out! Ethereum is currently moving sideways at high levels; it has pulled back from 1946.75 to 1882.76, already breaking below the range support. Because a large amount of long positions earlier had substantial unrealized profits and are closing out, next Ethereum may pull back into the 1840 range and trade in a sideways pattern, while waiting for Bitcoin’s pace. Bitcoin seems rather weak—if it rises to around 6700, Ethereum’s 2000-point target should be reached without fail. At this moment, Ethereum’s lagging and retracement is actually also waiting for Bitcoin’s overall trend.

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