Yesterday, the movement of ETH and BTC was as I expected. After a Rebound in the morning, it continued to sell with bearish market until the evening. Yesterday, I suggested: ETH in the 2620 range, BTC in the 107500 range for layout, which resulted in significant gains, Ether by 170 points and BTC by 4200 points. Will it continue to sell with bearish market today?

The current market judgment indicates a new downward wave on the daily chart, starting from the downward movement the night before last. Currently, the structure has not been completed. Yesterday, after a three-wave decline until early morning, a rebound occurred. If a complex rebound structure develops, the duration will be relatively long. The short-term rebound pressure for the cake is mainly around 105500. After the rebound, a small wave of downward movement must be completed before a new rebound can begin. There is short-term support in the range of 102000 below BTC, which is expected to stop the fall and rebound. Special situation: If there is a continued rebound during the day and it breaks through the resistance, caution is needed for exit during the pullback.