小白学点位
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The altcoin season that started in April has ended!
As I said yesterday, if we can hold steady at 3731.55, it may form a double sawtooth adjustment wave, further rebounding to 3788.28-3841.91, but after the rebound, it will need to correct below 3478.
Ethereum's movement is exactly the same! The two circles in the Ethereum chart show peaks on May 12 and July 21; the altcoins peaked on May 12-14 and peaked again on July 22.
Now looking back, it’s all after the completion of the third wave in Ethereum before reaching the peak. There will be another 5 waves to higher peaks after the adjustment in Ethereum, but most altcoins did not reach higher peaks than July 21-22.
According to the saying of the Heavenly Machine Diagram:
Ethereum's movement is exactly the same! The two circles in the Ethereum chart show peaks on May 12 and July 21; the altcoins peaked on May 12-14 and peaked again on July 22.
Now looking back, it’s all after the completion of the third wave in Ethereum before reaching the peak. There will be another 5 waves to higher peaks after the adjustment in Ethereum, but most altcoins did not reach higher peaks than July 21-22.
According to the saying of the Heavenly Machine Diagram:
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