Is Bitcoin going to fall again? ! ! ! ! I believe many friends feel that Bitcoin is going to go through three downward waves of ABC at this time. The current position is in wave B of the three downward waves. There is still a third wave of decline that has not yet emerged. However, Bitcoin is now in an upward channel, and the price of Ethereum continues to fall, testing the previous low. Ethereum has performed very poorly at the recent weekly level, and has continued to fall in a wide-ranging channel.

Fortunately, the daily support has not been broken yet. Although the support has not been broken, there is no obvious demand, and the rebound is delayed, which is not good for the long-term layout of the contract.

The market capitalization share of Ethereum is currently in continuous decline.

If Bitcoin and Ethereum break below key support, I think there could be a deep pullback.