Last week, BTC and ETH experienced a noticeable pullback (BTC pulled back about 10,000 points, ETH about 600 points). However, I don't consider this significant, and this decline will likely continue this week.
The support levels pointed out last Saturday (BTC 112,000, ETH 3,300-3,400) accurately triggered a rebound, and the subsequent resistance levels (BTC 1,150,000-1,160,000, ETH 3,500-3,600) also reached as expected at the beginning of this week.
This week, we will see whether these two resistance levels will form another peak for a drop. Based on the current trend, there will also be a moderate decline this week. If the drop is too large, it could break below the 110,000 level this week.
If ETH falls below the 3,000 level or hovers around these two levels, the rebound would almost certainly indicate a bearish outlook, providing an opportunity for spot traders to exit. Make the most of every opportunity now: $BTC $ETH #美国初请失业金人数 #以太坊十周年