This is a 1D frame analysis for ETHUSDT Analysis of the crypto market: Due to the excessive selling pressure, we saw a significant drop in prices. With the closure of the previous day's candle and the stabilization of prices above the support line, we can review the scenarios for Ethereum. Scenario one: We expect the price to stabilize above the support line in the next few days and give us signs of an increase or decrease so that we can make the right decision, so stay tuned for our new analysis. However, as we have outlined with the flash guides, we can expect a price drop if it cannot be stabilized above the support line. Scenario two: If it can stabilize above the resistance line, we should expect more signs of price increase, which can start to move like flash guides. Suggestion: Taking into account the previous day's candle, if we want to take more risk, we can place buy orders on the support levels. Alternatively, we can wait until it stabilizes above the line and we see more signs of an increase before entering into a trade for higher numbers.

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