The world is bustling for profit; the world is bustling for gain! Finally, we have emerged from this wave of market trends, with both Ethereum and Bitcoin gradually recovering and once again challenging key support levels. Yesterday, there was another round of probing, and the time for the needle was very rapid, with the current price around 2005. Today, there is once again a bullish counterattack. Without further ado, let's delve into today's analysis!

Yesterday's lowest point has reached the 1951 level, and the rebound was quite intense, showing a clear situation where further probing was not possible. This proves that there are still people looking to buy at the bottom. Therefore, the rapid decline that was anticipated did not materialize. Holding the 2000 level is not good news for the bears; instead, it indicates a trend of bullish accumulation. This can be seen from the market, where the decision between the three lines is very difficult. The struggle between bulls and bears has been fully demonstrated in the past two days. Therefore, for small funds, it is best to take a break and observe for a while. From the perspective of fund size, the bears still occupy the dominant position. Large funds almost never enter the bullish trend, only injecting some funds at the moment of breaking, to ease the bearish pressure. However, once the 2000 level is held, it will continue to challenge the high levels. At this critical juncture, it is best for everyone not to act blindly. Both bullish and bearish scenarios are possible. Currently, we are in the rebound phase after the pullback, but the high levels depend on the 2000 level. The overall trend is still bearish, so it is best to be cautious about going long!

This material is for learning reference only and does not constitute investment advice. Trading based on this information is at your own risk!

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