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$ETH 2959
This rally didn't last a day before falling back, which is strange because spot silver and gold also dropped. Hmm, the double top structure of ETH is a normal correction, but this is a straight waterfall... There isn't much data today, and at 5:30 AM Trump will give a speech. Is this to make room for the early morning rally?
Breaking below the 2912 support level would be a disaster. 2912-2800-2620!
Rising requires real money, but falling just takes a little market wind to blow. Rising is for better falling.
Before the US stock market opens, check if there are signs of a rebound. If not, wait for a shake in the early morning. Long-term, ETH should rise, but now it seems ETH might still fall in the long run!
According to the chart, I prefer to go long at 2910! Haha….