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Within the small cycle, we probed support below 75,000. But as we said before, one time is one thing, two times is fine, and not twice more—after multiple tests, the support still held and was able to support a rebound. We do not change the long-term bullish structure; it remains the same. It’s just that we’re stretching the cycle—expanding the space. The small cycle has bottomed out with no obvious rebound; from the recent high, there’s still considerable downside room. Even though the moving-average indicators are somewhat chaotic, overall the bottoming structure remains unchanged.
In the early morning, for short-term trading of the big coin, watch 76,300–76,500 for a sell, and focus on 74,800 as the target.
Ethereum: watch 2,380–2,400 for a sell; target only needs to be below 2,250.