ETH has currently reached the resistance level, and the gap left due to the rapid rise has been filled, but a new gap has appeared. In the short term, it is highly likely to oscillate at high levels, and then may first pull back to fill the gap before welcoming a rebound.

Key support levels need to be closely monitored:

- 2900: If it can hold, there is still a chance for an upward rebound;
- 2850: Once it breaks below, it may further test lower levels.

As long as Bitcoin remains flat at a high level, the impact on altcoins should be minimal.

This year's market has shown significant changes, with altcoins completely "diversifying" - strong coins are rising independently, while weak coins are slow to follow, each moving at a different pace.

ETH8.71%

BTC-0.1%

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