$ETH
Chart Home: Although it broke through the 4300 descending trend line resistance in the afternoon, the rebound was hindered at 4352, indicating that both sides are under pressure. Moreover, the unfavorable situation is that the BTC trend is quite weak. Daily level focus: whether the 4360-4380 resistance is effective. If effective, the target for this adjustment should be within the previous wave's 4th wave area of 3353-3857. In the 4H, pay attention to this ascending triangle pattern. If the 4360-4380 pressure level is lost, as well as the support line connecting the two lows at 4060 and 4202, triangle adjustment waves generally appear in the B wave. If it breaks below the support line, combined with the daily level adjustment, it will head straight for below 4000. However, when it will reach that point is uncertain.
Chart Home: Although it broke through the 4300 descending trend line resistance in the afternoon, the rebound was hindered at 4352, indicating that both sides are under pressure. Moreover, the unfavorable situation is that the BTC trend is quite weak. Daily level focus: whether the 4360-4380 resistance is effective. If effective, the target for this adjustment should be within the previous wave's 4th wave area of 3353-3857. In the 4H, pay attention to this ascending triangle pattern. If the 4360-4380 pressure level is lost, as well as the support line connecting the two lows at 4060 and 4202, triangle adjustment waves generally appear in the B wave. If it breaks below the support line, combined with the daily level adjustment, it will head straight for below 4000. However, when it will reach that point is uncertain.
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BTC
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ETH
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