#ETH Yesterday's rhythm was indeed a bit exaggerated, with a sharp fall that broke below the 120,000 mark, hitting a low near 119,572, and then immediately rebounding. This bear trap indeed has some substance. According to the usual trend, once this critical support level is broken, it is highly likely to continue falling for a distance. This is also why we often place defensive orders at this position. However, it's not a big problem. Adjust your mindset and strive to recover all the losses.



The daily candle for Bitcoin has closed with a bearish bar, but the body is smaller than yesterday's bullish bar, and it has not formed an engulfing structure. Currently, it is still in a state of hovering at a low level. On the hourly level, it is also steadily diverging, so the morning is a corrective move. It has currently stabilized at the middle track of the hourly level, and there is still some room above, so a short-term bullish position in the morning is advisable.
Bitcoin is over 121400, pay attention to 123500

Ethereum at 4360, focus on 4430#现货ETF获批新进展
ETH-3,29%
BTC-2,03%
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