Bitcoin leads the weakness, with Ethereum following the decline simultaneously, and the dual-currency resonance downward trend is very clear. Bitcoin peaks at a high and pulls back,



Ethereum also moves out of a standard downward channel, oscillating and declining from the high of 2463.86, with moving averages turning downward, forming a perfect downward resonance with Bitcoin. The current price has already fallen to around 2253, and the weakness remains unchanged; the rebound is just a normal correction in the downward process.

The bearish outlook for Bitcoin remains unchanged, and Ethereum is equally firm in its bearish stance. With the characteristic of following declines rather than rising, there is still considerable room for further downside.

Trading suggestion: Enter short positions around 2280-2320, with a target of 2250-2200. If broken, continue downward to 2170. Defensive measures depend on your own position size.
BTC-0.64%
ETH-1.43%
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JayChou'sTrend
· 1h ago
QiE77544
3695
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