2024.04.14 Sunday
After continuous decline, has a bearish trend formed?
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- Daily chart: After breaking through the 61000 level, there was some fluctuation, and if the subsequent pullback does not break this support, it is still an upward trend.
- 1-hour chart: After a short-term break below the 64500 level, there was a rebound, and if the subsequent rebound does not break this resistance, there is still a downward trend.
II. Ethereum
- Daily chart: After breaking through the 3100 level, there was some fluctuation, and if the subsequent pullback does not break this support, it is still an upward trend.
- 1-hour chart: After a short-term break below the 3100 level, there was a rebound, and if the subsequent rebound does not break this resistance, there is still a downward trend.
I. Bitcoin
- Yesterday's view:
Summary: After a short-term break below the 68500 level, there was a rebound, and if the subsequent rebound does not break this resistance, there is still a downward trend. Support below is at 64600 and 61600; if it breaks above, it will open another rebound phase, with resistance above at 71400 and 73800.
- Subsequent trend:
The subsequent trend rebound did not break the 68500 level and continued to decline, successfully reaching the targets of 64600 and 61600, with the lowest reaching 59652.
II. Ethereum
- Yesterday's view:
Summary: After a short-term break below the 3360 level, there was a rebound, and if the subsequent rebound does not break this resistance, there is still a downward trend. Support below is at 3100 and 2970; if it breaks above, it will open another rebound phase, with resistance above at 3500 and 3670.
- Subsequent trend:
The subsequent trend rebound did not break the 3360 level and continued to decline, successfully reaching the targets of 3100 and 2970, with the lowest reaching 2791.
I. Bitcoin
Summary: After a short-term break below the 64500 level, there was a rebound, and if the subsequent rebound does not break this resistance, there is still a downward trend. Support below is at 60900 and 58600; if it breaks above, it will open another rebound phase, with resistance above at 67600 and 70700.
II. Ethereum
Summary: After a short-term break below the 3100 level, there was a rebound, and if the subsequent rebound does not break this resistance, there is still a downward trend. Support below is at 2870 and 2740; if it breaks above, it will open another rebound phase, with resistance above at 3230 and 3380.
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