Ethereum this afternoon broke below the 2623 level, a low not seen since November 21st, over two months ago. Market panic sentiment soared, and various external chat groups and tweets collectively turned bearish. A rational analysis suggests that this decline was mainly to clear yesterday's long position stop-losses and the liquidation price of a large number of longs near 3000 points. The price then quickly rebounded to around 2640. The daily moving average divergence rate is relatively high, deviating 200 points from the 5-day moving average. The daily RSI is below 30, entering the oversold zone. In the short term, there will be a rebound, but on the weekly chart, multiple moving averages around 3030-3100 form a resistance zone. If the rebound cannot break through, the price may turn downward to around 2200. A rebound and a close above 3100 on the weekly chart could be bullish. #我的周末交易计划