ETH price will rise in the short term.

Overall, the trend of ETH and BTC is the same, but no new channel has been formed after breaking the callback, and the previous trend line will become a strong resistance line. This trend has verified the effective support for the downturn. It can be seen that the short energy of the candle is not enough, so the estimated price will be adjusted back to the trend line in the short term, which will be a suitable short-selling opportunity.
Technical IndicatorsTrend Analysis

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