Due to the FTX incident, the market panic fell.
At the same time, ETH was also under pressure from the trend line and returned to the main support below 1220 and broke it.
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At present, ETH is rebounding around 1080.00, and it may rise to the trend line or around 1220 and continue to fall.
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Pay attention to the yellow range support and the previous low 879.80
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