Analyst: Shows that the breakout will define the entire cycle with the Taifeng price forecast

According to the analyst, Amonyx, ETA is testing a key trend line close to $2,000 to confirm that the breakthrough may have targeted $5,000, while the rejection could have brought ETH back to $1,500. The Ether Workshop is currently being sustained over the long term while testing the downward line, and a breakthrough would support a wider outlook. The analysts noted that the prospects for cattle markets would be weakened if the bottom of the corridor was lost in the Taifeng and absorbed below the support area. The current graph shows that ETH needs to break through and remain above the trend line to enhance the technical support of the $5,000 target。