Analysis of the early morning market of Ethereum in Bitcoin:
Ethereum spot ETF was launched at night, but Ethereum still looked like a dead end and did not rise. What about those who are bullish? In the afternoon, everyone was fantasizing about how high it would rise, just like taking aphrodisiacs. Reality is like a ruthless knife, teaching everyone a lesson. The price of the coin did not even break the previous high of yesterday!
In the market analysis for two consecutive days yesterday and today, we talked about being careful of the price correction of the coin due to the landing of good news. At around 1 pm, we posted again to inform everyone that this wave of rise is over. Have those die-hard bulls given up now? #美国以太坊现货ETF开始交易
$BTC Affected by Mentougou, it has been weak in the past two days. At present, the small level is on the short side. The 4-hour level is corrected. Pay attention to the two positions below 65766-65000 in the early morning. As long as the correction does not break 65000 and stabilizes, it will still go up. If it falls below, it will lead to a correction at the daily level, and the bottom will be around 63500!
The rebound at night only stands above 67170, and the 4-hour level closes and stabilizes this position, then this wave of 4-hour level callback is considered to be over, and the upper target/pressure level is around 67650-68240! #BTC走势分析
$ETH Now there is a wide range of fluctuations in the 4-hour level callback. At present, the small levels are all on the short side. Pay attention to the two positions below 3415-3380 in the early morning. As long as the callback does not break 3415 and stabilizes, it will still go up. If it falls below, it will lead to a daily level callback, and the lower level will be around 3380!
The rebound at night only stands above 3475, and the 4-hour level closes and stabilizes this position, then this wave of 4-hour level callback is considered to be over, and the upper target/pressure level is around 3523-3562! #ETH走势分析
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