$ETC ETC Today's Market Analysis:
Currently, the 1-hour level has shown a purple signal, while the 2 and 4-hour levels clearly point to bearish sentiment. Today, pay close attention to price movements around 19.234.
The initial short-term rebound targets are set around 20.223, 21.162, and 22.495. If the rebound fails to break through any of the aforementioned levels, the market is expected to continue declining.
The support levels below are 17.359, 16.725, and 15.706, three key price points that require close monitoring.
From a spot market perspective, the current fluctuations in the market do not require excessive concern, and the long-term prospects of the spot market are still worth looking forward to.
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