After the overall trend of the day strengthened, there was a downward retracement correction around early in the morning, but it finally stabilized around 61300. A retracement is not a turn. It is normal to have a correction in the rise and a rebound in the fall. This wave of retracement It plays the role of a correction callback, preparing for the bulls to rush higher again. As long as the overall structure is not damaged, there is no reason to change the current layout. We also plan the layout with a multiple idea.
The current price of Ethereum is around 3386. It once fell to around 3300 this morning. The decline was quite violent. Although it plummeted, the bullish trend has not changed. It is just that there is no so-called cornerstone for the rise, so it may be necessary to consolidate below, so that the rise can Motivated! The main force is still low and long! #BTC #Ethereum(ETH)