Mainstream Coin Morning Thoughts

Yesterday at midnight, after reaching around 110400, there was no continuation, and the price began to retrace, followed by a certain degree of rebound, creating a trend of stepping up and then pulling back down. This morning, coupled with a significant downward price drop, intensified the retracement. The daily candlestick formed a large bearish K-line, testing the support at the lower point again, but it still did not change the upward trend; the deeper the retracement, the quicker the rebound! Although we did not participate in the market this morning, the current price indeed gave a strong retracement signal, and the space for further downward movement is limited. Currently, both Bitcoin and Ethereum can be entered for a long position once again. We are looking at the strength of rebound after hitting the lower range of the price bottom, just as we shared with everyone this morning, in a volatile tug-of-war style, combining small-scale structural information where both long and short positions can be participated in.

Bitcoin can be bought at 108000-107500, targeting around 110000; Ethereum can be bought at 2520-2500, targeting around 2620. #以太坊走势 #BTC