BTC rebounded as expected, this will be the final pump before the major retracement! ETH formed an inverse head and shoulders pattern at the weekly level, with the high-end sideways profile mentioned earlier that it will consolidate at the high-end for 5 to 15 days. Currently, it has been sideways at the high-end for 8 days, and the time to form the right shoulder downturn is getting closer. If ETH does not break below 4100, the low point of the right shoulder downturn is expected around 2830 to 2950. BTC accelerated to expand the triangle oscillation range last night and formed the highest secondary high point. If the new high is not broken, BTC will retrace around 85300 to 78800.

From a technical perspective, the current BTC has formed a large-scale triangular oscillation trend, with the pressure decreasing to around 102,600 as time goes by. The support point of the triangular trend has risen to around 96,430 as time goes by, with an oscillation range of 6,000 points. The small-scale parallel downward channel has opened, with short-term support near 98,600 to 99,100, and short-term trend pressure near 100,300 to 100,600 #以太坊eth#
⚡️⚡️From a technical perspective, the Ethereum network is expected to form a top head and shoulders pattern at high levels in the near future, and is likely to enter a right shoulder downward wave within 10 days. Once the neckline at 3600 is broken again, the downward trend will accelerate. At the medium-term level, the downward channel of the Ethereum network has opened, with a trend pressure formed by 4087 combined with 3980. Currently, as time goes by, the pressure has decreased to around 3966, with support at the middle rail near 3720 and the downward channel lower rail trend support decreasing to around 3440 over time.
⚡️⚡️BTC operation ideas: market price 101750 for 1% defensive target, waiting for notification from the live room
⚡️⚡️ETH operation ideas: Market price 3930 to do hole 1% defensive target, waiting for notification in the live room