In this round of market trend, Bitcoin has already stabilized and rebounded first. As a market indicator, the bullish pattern of BTC provides good coordinated support for ETH. With Bitcoin funds flowing back and market sentiment warming up, funds are likely to rotate into ETH, driving it to catch up in the rally.



From the 15-minute K-line chart, the downward slope of the pullback is slowing down, the K-line bodies are gradually narrowing, signaling a stabilization and bottoming out, indicating that the selling pressure from the bears has basically been released.

At the same time, the price is approaching the lower band of the Bollinger Bands, with a large divergence rate, indicating a strong need for correction. The MACD indicator's green bars are continuously shortening, also suggesting that the downward momentum is weakening, and the bulls may launch a counterattack at any time.

Suggested operation:稳健 (conservative) buy at 2250-2280, target 2380-2420, stop-loss based on your own position size.
BTC-0,22%
ETH-1,2%
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