SOL has completed the standard process, while ETH is struggling on the brink of life and death!
SOL has finished the moves of "breakthrough → pullback → rise along the moving average," with a very clear rhythm.
Now it's ETH's turn to perform, and the daily level has just pulled back to the EMA20, which is the lifeline. As long as it holds and doesn't break below, it can follow SOL's script for a rebound.
But don't get too excited too soon! This rebound at most counts as a correction from an oversold condition, not a trend reversal, and don't fantasize about a bull market.
If ETH can't even hold the EMA20 next, the rebound structure will collapse directly. Once market confidence dissipates, the difficulty of operations will double!
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