$BTC The current position is relatively contentious:

1, #BTC Although the large pie is oversold + diverging on the daily level, it has broken through the daily trend line and shifted from an upward trend to a sideways movement;

1) However, from a smaller timeframe structure, it has completed a full zigzag and has paused here, making it entirely possible to move as illustrated;

2) The second scenario is that the position in the chart is a continuation of a downward trend, and a triangular shape is already apparent.

2, ETH has also temporarily found support at the lower boundary. If the large pie strengthens, E may complete its final rise and form a terminal wedge;

Of course, E is also currently under pressure in the short term.