The ideas regarding the concubine are very clear from Li Mu

Through recent communication with the brothers, most are only concerned about how Ethereum is performing, and not much attention is given to Bitcoin. Therefore, this article will focus specifically on the potential future trends of Ethereum and analyze it for everyone; you can compare it with your operations. I will also briefly mention Bitcoin, as some friends may prefer a more conservative approach.

First, let's look at the trend charts. The upper chart corresponds to the 12H level for Ethereum, while the lower chart corresponds to the 4H level. First, regarding the structure at the 12H level, there is a bearish doji forming at the MA30 line. Those with some knowledge should know that MA30, as a trend continuation line, can lead to a continuation of the market when the position is clear. However, the current situation is not a very strong support level. Although it is not a strong reversal signal, this position offers another possibility for the trend: if it does not drop below 4230-4240, we can expect to see 1-2 bullish candles leading to a rebound to 4370/4420 (Note: 4420 is also a short position; if it cannot break and stabilize above it, we can continue to look bearish down to below 4050). In another scenario, if it directly retraces below 4210, we can look at the 4H level trends. The trend support would fail, continuing down to the 4H level MA120, which is around 4000-4050. If this position is reached, observing the trading situation around 4000 will generally allow for a bullish entry for at least a 150-200 point upward movement.

As for Bitcoin, the situation is relatively clear. It is currently at a low level, right at the support of the daily MA60 line. I won't overly bearish on the sentiment; I consider around 11.43-11.50W as a point to look upward, first looking for a rebound near 11.65W before deciding on the future market. #加密市场回调 #山寨季何时到来？