$ETH $BTC
The overall technical structure still meets our expectations, and the pullback has basically reached our anticipated support level. From a larger perspective, we are still in a stage of upward momentum, mainly because the recent surge has been too large. Currently, the short-term contraction and downward fluctuation are relatively normal. After the midday rise in the small cycle, there was no further extension to break new highs, so the pullback is inevitable. This rhythm is still about waiting for the entity's volume to increase, but the formation appears somewhat blunt. It is still bullish, but we must wait for a downward confirmation of the bottom before making any arrangements.
For Bitcoin, we are bullish around 117500-117000, expecting to see above 120000. For Ethereum, we are bullish around 2970-5950, expecting to see 3100.
Strong recovery, assets doubling! Stay close during the rainy days, layout in advance, and easily reap large profits.
Continued attention: FIS M
