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It took an hour to complete the life of other cryptocurrencies, and lab once again demonstrated what blockchain is and what a bull and bear market look like in one seamless flow.
Ethereum finally broke down, with a strength much greater than expected. Until a new trend type appears, I don't think the decline is over.
Breaking below the range of 2045-2000, two days of suppression.
Last night at 20:45, a new fifteen-minute sell signal formed, and a sharp decline began. It's normal not to catch this segment; following yesterday's method of taking a bite and then running, it wastes a lot of time.
There was no wave to hold onto. Sometimes it's just so strange—no big opportunities, no anticipation of big opportunities; when opportunities come, there's fear. This should be the charm of trading.
Actually, there's not much to analyze today; currently, a need for oscillation and a slow rebound correction of the five-minute oversold trend. The market is expected to revolve around 1875-1850 during the daytime.
Another piece of information: Bitcoin is about to rebound, with the breakout level at 67,850.
Stabilize at 66,950, and the short-term traders will withdraw to rest. $BTC