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Market analysis
Flatbread yesterday hourly level after the bottom divergence rebounded as scheduled, 69000 pressure was blocked and fell, the daily structure closed in the negative, from the weekly pattern to see the pie in this consolidation will continue, the current 4-hour structure is still in a weak shock market, the bulls here did not appear to be a sign of volume, now tomorrow two days bulls do not force to stand firm above the 69700-70000 pressure level, the market will continue to bottom out and a high probability of falling below the 64540 previous low, when the pie again a new low indicator is expected to form a double bottom divergence pattern, then the market will usher in a round of strong rebound, according to the prompt point on the car。
In the consolidation stage, the market sentiment is more anxious, and it is recommended that everyone reduce the frequency of operations, adjust their mentality to relax their nervous mood, and wait for the opportunity to appear to meet the start of the second phase of the bull market
BTC:
Pressure level: 69800/72350/77500
Support: 64600/62600/61600
Ether:
Pressure level: 3650/3820/3950
Support levels: 3380/3250/3130