BTC has rebounded above 112,000 with not much fluctuation. Although it is still in decline, ETH continues to drop. If this wave doesn't rebound in the short term, the bearish trend will continue. This morning's economic news in the US is definitely negative; otherwise, there wouldn't be such large fluctuations, and it's not just due to a single party manipulating the market!

For friends looking to catch the bottom, ETH can be cautiously bought with a long position below 4,750, with a suggested stop loss of 20 points. For those who do not want to set a stop loss, you can add to your position near 4,700. Moving forward, points 4,650 and 4,600 can also be added to, as we aim for 4,900.