冲锋鸭的小青蛙

The daily level has seen five consecutive bullish candles, but it fell back within three days. The price has been unable to break through the daily MA30 line's resistance for the past few days, which happens to be near the upper edge of the red box area, so it can only follow Bitcoin down and return. This still proves our consistent statement that ultimately, we must pay attention to Bitcoin's movements.
The daily MA30 line is in a downtrend, so any subsequent rise in the near term will be a rebound rather than a reversal. The MACD is showing an increasing downward momentum below the zero axis, and the downtrend has not yet stopped. We should wait for the downtrend to halt before attempting to bottom-fish for a short-term long position, with the level around 142, and we can see a rebound around 153.

As mentioned yesterday, if Bitcoin does not drop, Ethereum can continue to rebound. However, if Bitcoin is going to drop, Ethereum will also drop along with it.
Currently, a top pattern has also appeared on the daily chart. After the price briefly broke through the red box area, it could not hold above the upper edge of the red box and continued to fall. The first support position is at the 12-hour EMA52, which is about 2544 now. The second support level is near the EMA52 line on the daily chart, which is around 2410. Both of these positions will have a rebound, but the strength of the rebound at the EMA52 line on the daily chart will be stronger. This position is also close to the lower edge of the red box.

As mentioned yesterday, the rebound strength at the 2-hour level won't be too strong. After a slight rebound in price, it will continue to fall. After a wave of rebound at the 4-hour level, it will fall again, and the daily line will close with a bearish candle, indicating a topping pattern.
In yesterday's market analysis, it was mentioned that the price is rising while trading volume is decreasing, which is not a good sign. After the topping pattern appears, the price will further decline. If the daily MA30 line does not form effective support, then after a weak rebound during the day, the price will further drop towards the daily EMA52 line, where there will be a slightly stronger rebound, but it is not a strong support.

The daytime trend at the hourly level rarely followed Bitcoin's downward fluctuations, but after the price surged in the evening, it fell along with Bitcoin. It seems that we still have to depend on Bitcoin's mood.
The daily line is a small negative line with upper and lower shadows, which breaks the daily positive trend. The trading volume is even larger than the previous day. The daily MA30 line is still in a downward trend. After the price breaks through the MA30 line in the short term, it is still suppressed. The closing line is still below the daily MA30 line. The short-term trend is still a rebound, not a reversal.
The position of 177-187 given yesterday did not go up. The price went down without breaking through 170. The daily MACD is still in a state of slight strengthening of upward momentum, so there is hope for an adjustment and another upward impact.

The hourly trend is basically synchronized with Bitcoin, but the fluctuations are much greater. Similarly, there is a downward fluctuation during the day, but the upward movement started a little earlier than Bitcoin, and it has set a recent new high.
Currently, it is showing a 1-hour rebound within a daily rebound that has not yet activated and is returning to the 1-hour EMA52 line. After some fluctuations at the 1-hour level here, there will be another rebound, provided that Bitcoin does not drop. If Bitcoin adjusts downwards, then Ethereum will also follow suit and drop to the 2-4 hour support before rebounding (2683-2636).
The daily line is a small bearish candlestick with upper and lower shadows, and the trading volume has decreased by about a quarter compared to the previous day, while still maintaining a high volume state. The price has broken through the red box area, and after stabilizing, there is still room for further upward movement, targeting the 2960-3050 area. If it cannot stabilize, it will return to the red box area for wide fluctuations. As long as Bitcoin does not drop, Ethereum can still be expected to continue climbing.

Hourly level daytime fluctuating downward, influenced by the short-term favorable impact of CPI data before the US stock market opens, the price begins to surge upward. After a wave of upward movement following the stock market opening, it starts to fluctuate downward. Currently, after touching the 2-hour EMA52 line ($108000), a short-term rebound occurs.
The current level is experiencing a rebound within the daily line, with the 2-hour rebound showing insufficient upward momentum, returning to the 2-hour EMA52 line for another rebound. We need to continue observing the specific strength of the rebound; I personally feel that the rebound strength will not be too strong, and then it will continue to decline towards the 4-hour support level (around 107000) before rebounding again.

The hourly trend is still in sync with Bitcoin, fluctuating downward during the day. The U.S. stock market rose before the market opened, but was smashed after the opening. In the early morning, the price began to rise again due to the news that SOL's ETF was about to be approved.
The daily line is a bullish line with a long lower shadow. The current daily line is a five-day positive trend. The trading volume is slightly more than the previous day and basically remains consistent. The price is still below the daily MA30 line. MACD shows a golden cross pattern near the zero axis. Therefore, the daily level will continue to rise, and the target will be the 177-187 area.

The trend at the hourly level is obviously much stronger than that of the big brother. After a short-term decline and pullback during the day, it has maintained an oscillating upward trend.
The daily line is another big positive line, breaking through the upper edge of the red frame area. The trading volume is twice that of the previous day, which is a state of large-volume upward breakthrough.
The daily MA30 line continues to maintain an upward trend. After MACD returns to the zero axis above the zero axis, a golden cross of the fast and slow lines appears. Then the daily level rebound takes effect and the upward momentum remains. The next target is to impact the 2960-3060 area.
Daily level pressure level 2960-3060-3240, support level 2730-2580-2350-2200-2130

At the hourly level, there was a wave of oscillating decline during the day, and after the US stock market opened, it fell slightly in line with the trend, then quickly rebounded, which is basically consistent with our prediction from yesterday. The current price still remains above $110,000.
The daily line shows a small bullish candle with a long lower shadow, indicating that the upward momentum is still strong. The daily MA30 line has turned to a slight upward trend, and the MACD shows a weakening of downward momentum after returning to the zero axis above the zero axis, with a golden cross between the fast and slow lines.
As mentioned yesterday, if the MACD fast and slow lines form a golden cross, the rebound at the daily level will take effect, and the price will further rise, continuing to push towards the $120,000 position. If there is no major negative news impact, the decline in the hourly price will not be significant, and it will all be a normal downward retracement.

The hourly trend is still synchronized with Bitcoin, showing a good upward trend.
The daily line is a big positive line, and the trading volume is more than twice the average daily trading volume on weekends, but it is similar to the average daily trading volume on previous working days, which is not considered a large-scale increase.
The daily MA30 line is still in a downward trend, and the MACD shows a weakening downward momentum near the zero axis. The fast and slow lines are about to form a golden cross. If a golden cross occurs, there is still room for upside.
Currently, the price has risen to the neckline near 164, which is also near the daily MA30 line. There will be relatively large upward pressure here, and it must continue to break through before it can continue to test the pressure level here at 180.

The hourly level is moving in sync with Bitcoin, with a slightly larger increase.
The daily line is also a big positive line, and the transaction volume is more than twice the average daily transaction volume on weekends, but compared with the average daily transaction volume on weekdays, it has not increased much.
The daily MA30 line is flattening, and the MACD shows a weakening downward momentum above the zero axis. The fast and slow lines are about to form a golden cross. If a golden cross occurs, then the daily level rebound will also take effect, and there is room for further price increases.
It should be noted that the current price has once again come to the upper edge of the red box oscillation area. From the previous trend, we can see that the price has touched the upper edge of the red box many times and was suppressed and formed a downward trend. Therefore, at this position, long orders should be appropriately reduced to protect profits.

Yesterday, it was predicted that after falling back to around 105,200, there would be a weak rebound, and then continue to fall to find a larger level of support before rebounding. Unexpectedly, the price fell back to 105,300 and then started to surge upwards. It has now broken through $110,000 again.
The daily line closed with a big positive line, and the trading volume was more than twice that of the weekend, which was basically the same as the trading volume when the big negative line fell on June 5, which is a trend of large volume rise.
The daily MA30 line is still flat, and the MACD shows a weakening downward momentum below the zero axis. The fast and slow lines are about to form a golden cross. If the fast and slow lines form a golden cross, the daily level rebound will take effect and the price will rise further.

The weekly line is a small bearish candlestick with a long lower shadow and a short upper shadow, and the trading volume is basically the same as the previous week, indicating a slight contraction.
The weekly MA30 line has shifted from flat to a downward trend, with the MACD showing a slow increase in momentum below the zero axis, which is continuously weakening.
In terms of trends, it is weaker compared to Bitcoin and Ethereum. The current price has returned to the oscillation area within the red box, so the weekly level adjustment will continue.
We have always talked about the large oscillation range of 120-180. Being able to return to 130-120-110 is a very good position for buying on dips. We are waiting for the end of the year, the last wave of the current bull market.