#ETH走势分析 The repair market this time is moving in a bumpy manner. On one hand, regulatory policies are starting to stir things up again, and everyone still remembers the blow from the incident in '94; on the other hand, rumors of a bank run have surfaced on a certain platform, further jeopardizing the already fragile confidence in the market under the dual pressure.

The Bitcoin surge failed at the resistance level of 94,000, peaking at 93,080 before turning around. Now, the support level of 90,500 is experiencing repeated fluctuations. Additionally, the funding volume is already low over the weekend; although the candlestick chart shows a volatile upward trend, the actual increase is very limited.

The key defense line of $ETH is at 3130. This week, the highest rebound reached 3099 and then stalled. Currently, it is holding at the 2980 level. Although there are signs of a stop in the hourly chart, the momentum is clearly insufficient, and a second retest may happen at any time.

From the perspective of price trends, there is a risk of further decline at the bottom. If any negative news arises next week, the probability of a second bottom test is quite high. For LTC, SOL, and TAO, which were previously highlighted, it is essential to strictly control your position and absolutely avoid going all in. The overall market can be summed up in one word—weak.

The market has been quite quiet recently, and the impact of the surge on October 11th was profound. Getting through the first round was a stroke of luck, but the second dip is the real killer. Based on our continuous tracking of the market, we successfully avoided risks both times, but to be honest, there is also an element of luck involved. At this stage, preserving the principal is more important than anything else; getting through this period is the key to having a chance to turn things around.