Yesterday, after breaking the floor of the short-term ascending channel and simultaneously breaking the support range of $1,600, Ethereum decreased to near the previous floor in the range of $1,520. Also, the floor of Ethereum's 15-minute timeframe channel has been broken, but there is a possibility that it will return to the channel again. If the $1501 level of support is lost for Ethereum, we can expect a further price drop to the $1450 - $1400 range.
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