In the daily chart, ETH has two bottom around 1000-1100. The first time it appeared in June~July last year, ETH rebounded up to 2031.00. The second time it appeared was from November last year to the beginning of 2023, and the current highest ETH reached 1643.05.
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If ETH can break through 1677.60~1789.85, it will have the opportunity to break through the trend line and have the opportunity to challenge the previous high of 2031.00.
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FibonacciSupport and ResistanceTrend Analysis

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