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ETH’s rebound in the short term has been quite strong, but the current formation is a bit delicate—there’s a tug-of-war between two possible scenarios: a double top and an ascending triangle.
The price touched the lower edge of the triangle at 1880; if it holds, the ascending triangle pattern is confirmed. If it breaks down, the double top is directly confirmed.
Personally, I lean more toward the ascending triangle; the specifics will depend on how the next few K-lines play out #ETH $ETH