Before the news landed, Ethereum rose first and then fell, and Bitcoin plummeted 3,000 points! The long-term ideas we laid out also broke out in this round of decline. We also gave risk warnings in the evening and tried small stop losses! According to the current trend, the SEC's review of the Ethereum spot ETF has not yet announced the results. Ethereum rose first and then fell, driving the Bitcoin price to fall together. In this case, the first step of the callback will be a good thing. The first step of the decline and wash will make the quiet market active again. Everyone was waiting for the news to be announced in the early morning. The main force's early wash will once again affect the market. The first step of the callback may be more conducive to the upward trend in the future! The lowest price of Bitcoin came to the bottom of the four-hour Bollinger band near 66,800, and the lowest point of Ethereum also came to 3690, which is also the middle track support of the four-hour Bollinger band, and the daily level Ethereum also recovered initially! Continue to pay attention to the announcement of the results of the SEC's southern meeting. As long as it passes, the subsequent rise will be on the 1st. The short-term callback does not affect the subsequent long-term benefits! The bottom of the Bitcoin is focused on the support of the 66800-65600 range. The four-hour price has also been initially recovered. Waiting for the hourly line to complete the recovery, long orders can continue to try. If 67400 stabilizes and moves upward, a small round of long orders can be pursued. 500 points can be defended!
The trend of Ethereum is still quite strong. The bottom support is very strong. The hourly line is also recovered very quickly. Prioritize the bottom short-term support of 3765-3720. Long orders can also be involved here if they stabilize, with a 40-point stop loss! $ETH