Currently, Ethereum is moving in tandem with Bitcoin's market trend, showing a 4H upward trend (purple line in the chart). However, to reverse this downward trend, it needs to break above the first green box. To return to the previous bull market main upward wave, it needs to break above the top green box. At the moment, such a breakout doesn't seem likely. The first reason is that the volume during this rally isn't supporting it, and the second is the suppression from the previous downward momentum.

BTC-3,42%
ETH-4,36%
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