#以太坊行情技术解读 Will ETH continue to fall? Let's see how today's market develops.

Since the decline last night until now, the rebound has been weak. There was some relief in the early trading session, and it was about the same at midday, basically staying in place. This situation is quite clear—lack of strength in the rebound.

On the technical side, 2980 has become the biggest obstacle. If the short-term bulls can hold around 2975, there’s a bit of hope, but the probability is low. The key will be tonight’s unemployment rate and employment data—once these two figures loosen, they could trigger a market move. The market’s expectations are somewhat optimistic; there might be a short-term rebound, but overall, the trend still points downward. Factors like the Yen rate hike and Christmas approaching are still weighing on the market, and the fundamental trend has not changed.

So, at this stage, patience is needed. Wait for the data to come out before looking for entry opportunities. The same logic applies to SOL, BTC, and others—they are all in observation periods.

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