Last night, it successfully stepped back to 67,500, and then started a rebound. The current rebound here is a one-hour level rebound.

From a technical point of view, this rebound should not exceed 73,620, thus forming a four-hour level callback. Of course, the results of the US election will come out on the 6th Beijing time. If Trump wins in the end, it is hard to say whether the big cake will rush to 74,000 again. From a technical point of view, the probability is small, but there is still a certain probability. Therefore, it is best to wait for the election results to come out before observing the specific end of this one-hour rebound.

At the one-hour level, from a technical point of view, it should be the second one-hour level rebound in the four-hour level decline. This rebound is not expected to break through 73,620. The first target is the 70,000-71,000 range, and the second target is around 72,000. After that, the third one-hour level decline will fall below 67,000 again, and the support of 65,000 will be paid attention to below.

There is a small probability that it will rush to around 74,000 again, and then start to pull back. In this case, it is basically caused by the influence of emotions. It is not within the scope of the technical perspective, but I would like to mention it to you.

The current one-hour level rebound should not end so quickly. After all, the main force will definitely make things around the news, rather than falling below 67,500 directly without the news. So at the fifteen-minute level, it is very likely to fluctuate and consolidate for about a day, build a fifteen-minute level center, and then rush up to 71,000 or 72,000.

If you are bearish, it is safer to wait for the news to land and see the situation.

The current one-hour level rebound of Ethereum should at least be seen around 2540. If you are lucky, it may also rush to 2600. You can observe more details. It is expected to slowly fluctuate upward to below the 6th or at night.