Good morning, in the previous swing trading analysis, it was judged that the market for Ether and BTC would continue the first phase of the medium-term downward trend. This wave of market decline from the 10th to the 19th reached the 84300 position, but still failed to break the 80000 level. From a spatial and structural perspective, the daily chart level still has a few days of decline. The expected range is between 80000 and 76000. When it reaches this interval, the first phase of the medium-term decline will end, and the market will see a few weeks of rebound at the weekly chart level. Short-term rebounds can still participate in downward layouts, with the turning point at the high point on Monday.
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Good morning, in the previous swing trading analysis, it was judged that the market for Ether and BTC would continue the first phase of the medium-term downward trend. This wave of market decline from the 10th to the 19th reached the 84300 position, but still failed to break the 80000 level. From a spatial and structural perspective, the daily chart level still has a few days of decline. The expected range is between 80000 and 76000. When it reaches this interval, the first phase of the medium-term decline will end, and the market will see a few weeks of rebound at the weekly chart level. Short-term rebounds can still participate in downward layouts, with the turning point at the high point on Monday.