666, last night at midnight I saw that Ether's falling trend line didn't break and retraced to the bull flag's upper band for a rebound, so I slept peacefully. I haven't been sleeping much these days, and when I got up and looked, I was shocked at where it went. This morning, Ether shot down with a long wick candle directly to the bull flag channel's lower band and the previous 3620 support level. Fortunately, I checked, and my position is still intact. 😅

1️⃣Ether:
Ether is actually still oscillating within this range, and the decline is also within expectations. A few days ago, when posting updates, I mentioned that the daily MACD death cross for Ether indicates a pullback is necessary. Today, perhaps Trump is stirring things up with tariffs again? Anyway, the bearish momentum is increasing, so another pullback has occurred. But the overall direction remains the same; it’s simply oscillating and consolidating within the range. Above 3750, there will be continued attempts to break through 3860, and after breaking through, it will rise. Below 3750, the weakness will test the support levels at 3620 and 3520. A drop below 3520 is bearish.
2️⃣ Bitcoin:
The long wick candle points of Bitcoin are getting lower and lower, currently forming an upward wedge pattern, and breaking through the upper band looks bullish. The support levels below Bitcoin are 115000 and 110000, as well as the red upward trend line. The bullish-bearish dividing line for Ether is 3520, and for Bitcoin, it is the red upward trend line in the chart; if it falls below, it looks bearish.
3️⃣Shanzhai:
The dynamic post I made earlier was that Ether would not fall below 3750, and altcoins wouldn't break down either. Now that Ether has broken down, altcoins have also broken down. After breaking down, the support level turns into a resistance level. Generally, after breaking down, there will be a rebound to test the resistance level. If it is confirmed that it cannot break through, it will continue to fall. I plan to watch the situation and close half of my position, and buy back when it reaches the previous low.
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