Trends are friends, those who go against the trend will ultimately lose! After Lao Wang shared his follow-up thoughts in the early morning, the coin price experienced a slight pump, then suddenly plummeted, with BTC dropping from the 118800 line to the current 115000, and ETH falling from 3816 all the way down to a low of 3625. Lao Wang also took a fren with him in the early morning to seize the market, with BTC dropping from a high position, and just in the direct position, they gained a total of 4000 points of space, making a lot of profit in one wave of the market.

Old Wang is here to analyze the subsequent market trends for everyone. From the 4-hour chart of BTC, the one-sided decline in the early morning has already pushed the coin price into an oversold state. The Bollinger Bands are also starting to open up. Although the continuous bearish K-lines have elongated the lower shadows, it has not allowed the market to gain an effective rebound. Currently, the technical indicators still show a strong volume increase in a consolidation phase, and this remains true on the 8-hour trend as well. ETH is following the same trend as BTC, and since the support level below is not obvious, we will start to change our mindset and set up a layout for a short-term rebound.

Operational Suggestions:
BTC 115400-116000 range, watch 114000
ETH3700-3730 range, looking at 3600 #BTCÐ Launchpool收益超3%# #成长值抽奖12期开启# #白宫加密报告发布# #美联储维持利率不变# #Alpha 积分系统上线#