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Good morning everyone☀️
Looking at Ethereum's recent trend, it is approaching a quite critical resistance level. This position often leads to a reversal, making it a good shorting opportunity at the moment.
October, as a traditional trading month, sees frequent fluctuations in the crypto ETF market. If Ethereum breaks below this resistance level downward, it could trigger a chain reaction. Meanwhile, major coins like SOL are also under pressure, and the overall market rhythm is beginning to shift towards caution.
It is recommended to closely monitor this wave of market movements and seize the signals provided by technical analysis. An effective break below the resistance level often indicates the potential for deeper adjustments.