#ETH
《Trend Changes — Current Market Analysis》
At this point in the market, Bitcoin and Ethereum are leading the way, and the overall altcoin recovery is nearing its end. Only those who are chasing the rise hope for continued gains, while those waiting to buy more hope for a drop. I hope you are in the latter group.
Bitcoin today dipped to 102400, tested this support, and had a slight rebound. The support at this level is weak. If Bitcoin dips again, the 10000 mark will face another challenge. Support is here, and if it goes lower, there is a trend toward the vicinity of 97200, which needs to be monitored.
In comparison to Bitcoin, Ethereum has support around 2480. Today it also tested this support, which is relatively weak. Moreover, Ethereum has just started to rise and has not yet gained solid footing. There is support around 2400, and further down, support is at approximately 2330.
Based on the trends of Bitcoin and Ethereum, we should prepare our MEME, Solana ecosystem, and BNB ecosystem lightly before this correction. Pay special attention to the key positions of Bitcoin at 101000 and Ethereum at 2330. If these levels are broken, we need to promptly reduce our positions to avoid the risk of a downturn. When the time is right, we can update the post to indicate the buying positions.
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