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Good evening, I am Jiuye. Bitcoin has recently followed the US stock market to break through the new high since this round of rebound, reaching a high of 110500. The downward trend pressure has broken through, and after breaking through, a reversal signal has appeared, falling back to the 109000 line of horizontal trading. During the horizontal trading period, Nasdaq broke through the new high last Friday and stood at 20600 points. It should be noted that the higher the US stock price at this stage, the greater the risk of a major pullback in the future.
The pressure of Bitcoin's downward trend has filled the gap of three high points, and the support for the downward trend has decreased to around 95000.
From the perspective of Ethereum technology, the maximum level and maximum spatial upward trend support 2245 was inserted after falling below 2100 and rebounded to 2520. The current rebound is futile, and the next wave of Ethereum's low point is at 1800.
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