#ETH
《A New Week - A New Beginning》
The gloom of the past week has passed, and a new week has arrived. After the opening of the U.S. stock market, market fluctuations are bound to intensify. Whether this marks the beginning of a rebound or a new round of declines is uncertain. They say analyzing news is useless, yet the news can bring actual volatility. Market trends can only be roughly predicted; there's no need to revisit past analyses, as they can all appear correct.
Bitcoin has dipped to 98000, with support around 94000. The market has started to show slight rebounds. It's not worth taking on the risk of a new round of declines for small profits.
Ethereum's situation has not yet recovered. During the downturn, it was no different from altcoins, with declines of several dozen points. Once the 2200 support is broken, it threatens to drop to 2000. It has now bounced back above the 2200 support level. From a technical perspective, it seems to be the right time to enter the market, with KDJ oversold and MACD showing a golden cross.
If the situation of the conflict can be alleviated and controlled, the probability of market rebounds will continue to expand. Friends who are in cash can consider entering with a small position, while those with half positions should continue to wait for opportunities to average down.