Currently, most people are surprised by the recent decline, yet it was within our expectations and precisely aligned with them. We hope this reminder can provide you with assistance.
Firstly, after Bitcoin touched 86000 and rebounded, I remind everyone that this is merely a rebound, not a reversal, and there will still be a trend towards 85000. This wave of decline reached a low of 85224, which provided us with an opportunity to enter. Now, it is likely to follow a volatile trend, leading to a rebound market. After entering, patience is needed to hold.
The reminder regarding Ethereum is equally precise, allowing everyone to enter near 2780, and when it rebounded to around 3000, we promptly advised everyone to take profits, placing the next entry point near 2820, with a low of 2805. It is expected to fluctuate around 2850, and returning above this position is where the trailing stop-loss should be set.
Recently, there have been many criticisms directed at Big Brother, which indeed has impacted this circle. Combined with the sharp rise in gold and silver, it has made the liquidity in this circle tight. This afternoon, it was mentioned in the community that when gold and silver decline, not only will funds not flow back, but it may even cause a collapse in this circle; this is also a risk point that needs to be monitored recently.
#ETH trend analysis
