ETH may be a little volatile at this position and needs to be observed in the short term.

According to the five-wave theory, the second wave usually has a rapid callback, while the fourth wave is likely to present a complex form, such as a small triangle. The current support level is roughly in the range of 2560-2530. If the price callback reaches this area, you can consider gradually buying it. Although you may not be able to catch the lowest point, the price-performance ratio is still good, and at least you can see a rebound opportunity.

Bitcoin is also at an important juncture. Although the probability of a breakthrough is high, it still needs to fluctuate to digest the pressure. If it is directly pulled up and broken through, there may be a risk of false breakthrough. Therefore, I prefer to wait for a shock before looking at the performance of the breakout, which is safer!

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