#ETH
《Trend Change — Current Market Analysis》
Bitcoin and Ethereum have been oscillating at high levels, and today has begun a significant correction, which has kept everyone waiting for the opportunity to replenish their positions. Some friends may not fully understand, but the results have shown us that our patience has been meaningful.
Ethereum tends to be the softest during each correction. After yesterday's volume drop testing the support around 1720, there are signs of a rebound. The resistance is firmly at the 1800 mark; if it cannot hold above 1800, the correction trend will continue, probing down towards the support around 1680, showing a similar trend #ETH走势分析 .
Bitcoin's trend has yet to break out of its current trend, showing oscillating market behavior. The support around 92800 remains strong, and the trend seems to oscillate between the range of 93500 to 95600. On the daily chart, Bitcoin shows a trend towards correcting to the 89000 position, and we still need to wait for the right timing #BTC走势分析 .
In the United States, the ADP employment change for April had a previous value of 14.7, market expectations of 11.5, and an actual value of 6.2. This will be a significant positive for the entire crypto market, which will be reflected in the upcoming interest rate cuts by the Federal Reserve. Patience in waiting for this correction to end will be a good opportunity.
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#币安Alpha上新