Consecutive failures! It's time to observe from the sidelines.

ETH should first look at the previous low point around 2620. If it continues to fail, pay attention to the strong support level around 2500. If it breaks that, it may indicate that a bear market is truly coming.

The current position is at the Fibonacci retracement of 0.618 between 1400 in April and 4950 in August, which is quite interesting.

Remember, the focus is on responding, not on betting on direction; don't let trading become gambling!