The recent performance of the two cakes is relatively stable, and the decline is similar to that of the big cake (Bitcoin), showing a strong linkage. Today's lowest point appeared in the 2200-2300 range. The overall trend still follows the big cake, and there has been no obvious counter-trend. If the big cake continues to fall and falls below the key support level of 80,000, the two cakes may briefly fall to the 2100-2200 range, but the downward space below is relatively small and it is not expected to break significantly. From a technical point of view, in the four-hour level of the two cakes, the 2450-2520 range constitutes a short-term resistance position, and it is necessary to pay close attention to the breakthrough of this area. The intraday support level is around 2200. If the price falls back to this area, it may form a certain support effect. In terms of altcoins, the recent performance is relatively independent. Yesterday and today, it did not follow the big cake to fall sharply, and some currencies have even begun to rebound. This trend may indicate that market sentiment is gradually warming up, and funds are beginning to flow into the altcoin market, which is in line with the market law of "one whale falls, all things come to life".
With the adjustment of Bitcoin, altcoins may have more rebound opportunities. Investors can pay attention to the short-term performance of some strong currencies.
Overall, the trend of Bitcoin and Bitcoin is still guided by Bitcoin, but the independence of the altcoin market is gradually increasing, which may provide investors with more trading opportunities. $ETH #ETH分析