There have been no updates in recent days, and the market is mostly showing irregular patterns, with Ethereum and Bitcoin seeming to have low synchronization.


Continuous upward resistance is weakening the larger timeframe. If there is no rally and breakout before Friday, the market will continue to revert to a bearish trend.

Currently, a bearish trend has formed on the 15-minute chart, with the 1718 level acting as support to determine whether the rebound has ended.
1742 is the current dividing line for the bears. If weakness persists, the market will revisit the four-hour long-short dividing line at 1695.
The key point for whether the daily chart's three-sell pattern succeeds depends on whether the four-hour long-short dividing line is broken. Currently, the market shows significant disagreement between bulls and bears.
1714-1737 is a short-term five-minute central pivot upgrade, belonging to an expansion pattern; oscillation or downward decline indicates that a new decline is brewing. $ETH
ETH-6.80%
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