Everyone is asking whether BTC and ETH will continue to drop? Let's discuss!
BTC's performance yesterday was quite hesitant, with a fluctuating trend. The level we wanted to see at 116 was not reached; it hovered around 117. In the early morning, it rebounded, and as it stands now, it is in a small-level pin-bar state. We still need to pay attention to the intra-day rebound.
ETH broke below the key support level of 3600 and accurately retraced to around 3520, closing with a rebound. Today, we should focus on the four-hour level rebound momentum. The daily chart shows a pin-bar pattern.
Currently, BTC has not broken below 116, but ETH has started to break below 3600. This has shown a weak performance for ETH in the subsequent market. Recently, altcoins are not following the rise; instead, they have experienced larger declines during ETH's pullback. Be sure to pay attention to $BTC $ETH #NFT板块领涨 #山寨季來了? .