First, it fell below the support one after another, with the lowest pin reaching 34.4k, and then it stabilized and then rose all the way, with the highest pin being 38k. In just two days, both bulls and bears were killed, and retail investors were miserable. After the market cooled down, it returned to the starting point again.

However, it is more in line with previous expectations. It is impossible to start falling after just one round above 38.2k. As usual, it takes at least 2-3 rounds of testing to reach the top. Now that the market is active again, there are not many cycles left this year. , the status quo is basically stable, and consolidation at a high level is maintained.

At present, Zhou K has once again broken the position. As mentioned in the previous live broadcast, it will take at least two weeks for Zhou K to recover before the decline can be officially confirmed. This round of lower pins reversed again, and Zhou K closed positive again. Even if there is no action next, , as long as it maintains high consolidation, it can basically confirm that this year’s rise is not over yet

At least for the news of ETF and Bitcoin halving next year, there will be another round of outbreaks. Therefore, from the perspective of the general cycle, there is a probability that it will last until the first quarter of 24 years before completing the phased correction.

The rise in Ether is relatively normal. This round of rise stopped after the highest pin was inserted at 2080, but the falling mood was not high, and the white market was mainly volatile. Next, focus on 2030 for support and defense, and the big pie will focus on the integer support of 37k, which is Yes, if it doesn’t break today, you can consider short-term and repeated execution.