Trading volume on Saturday and Sunday was sluggish. After three consecutive declines, a spike rebound to 99540 faced pressure and fell back, failing to effectively break through the 100300 resistance mentioned yesterday. The daily line closed with a doji star, still indicating a continuation of the downtrend. After six consecutive weekly gains, the first bearish candle appeared, and it is possible that it will break the bullish support, leading to a false breakdown and then a new high.

Ethereum's weekly decline amplitude is 25.8%, currently around 14.5%. After three months at the 2111 bottom, it recovered above 2800. The upper Bollinger Band on the weekly chart is under pressure to decline, and there is hope for a stop in the decline around 2900.

Bitcoin

Yesterday, it rebounded to 99540 but faced pressure and fell back, closing the daily line with a doji star. This is not a strong rebound. If it falls below the MA20 dense trading area, there will be short-term support. The rebound did not recover above the ascending channel and below the Fibonacci 0.382. A so-called stop and reversal must effectively reclaim the corresponding pressure; otherwise, it lacks sufficient time and space. A wave of market movement follows a line. To follow the trend, at least wait for a second test to see if it can support a rebound. We can wait to build positions on the right side. If 92232 cannot support, it will continue to decline, so pay attention to bottom-fishing opportunities.

The 4-hour K-line has many spikes downward, so we need to see the strength of the support below and whether there is an opportunity for a short-term rebound. The market may fluctuate significantly on Monday, so keep an eye on it.

Support: Pressure:

Ethereum

Yesterday, it rebounded to 3555 before falling back, and the daily line also closed with a doji star. The daily line directly spiked to MA60 for a rebound, but it cannot effectively stay above 3500 to be considered a stop in the decline. First, we need to see the strength of the rebound on the second test. Even if it continues to decline, we will trade in batches to bottom-fish.

Support: Pressure:

If you like my views, please like, comment, and share. Let's navigate through the bull and bear markets together!!!

The article is time-sensitive and for reference only, updated in real-time.

Focusing on K-line technical research, sharing global investment opportunities. Official account: Trading Prince Fusu

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。