$ETH On the daily chart, the volume here is the same as yesterday, but the downside move is larger, indicating the bears are strong. On the four-hour chart, price is also temporarily held around 1850; most likely, it will close as a doji here and then continue falling. After the one-hour chart fell, there wasn’t much volume; there was no meaningful rebound and no continued drop—price just went sideways here. So here it may only be a brief pause. Since Saturday, the US market has already finished for the day, Saturday usually doesn’t have much volume. The bulls therefore shouldn’t enter here. After this consolidation, it should continue to fall. Because on the daily, four-hour, and one-hour charts, no bottoming signals are visible. So my personal view is: don’t just look at the situation—see whether this can hold the support level. The host placed a long here, betting on a small rebound. Everyone, please try not to follow me.

ETH-0.72%
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