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BTC: After hitting a new historical high again, the Big Dipper experienced a significant decline. Moreover, there has been no pullback trend at the daily level, and the current market has already reached the vicinity of the previous low. It is important to pay close attention to whether the current position of the market will break out of the new low. The subsequent rise after the new low occurs is a pullback trend, and cannot be viewed as a view of hitting a new high to pull the market. The important support position at the bottom of the current pancake is 112200, and the pressure level above is 117200. Short term pressure level 114800. Focus on key indicators or structural information for operation.
ETH: Ethereum has been relatively strong recently, and the pullback trend after reaching a new high around 4800 is within the normal pullback range. The daily level wave trend is in a 4-wave pullback, and the 3-wave trend is significantly shorter than the 1-wave trend. The upward space for the next 5 waves is limited, and the downward correction trend of the hourly level channel will continue to maintain a low bullish view in the future direction. Pay attention to the breaking of the upper edge of the channel, and there are also signs of bottoming out at the bottom of the hourly level. Bottom support position 4110, pressure position 4220. Focus on key indicators or structural information for operation.
Tencent Meeting Number: 930 973 2027
QQ group: 123116768
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