The cycle structure in Bitcoin remains unchanged, currently in the final adjustment phase. After the adjustment is complete, a downward move is expected. From a smaller timeframe perspective, BTC is currently trading within a narrow range, and its structure appears to be quite complex. Notably, the 0.618 key level of the left-side upward segment has undergone two effective tests, and a rebound is highly likely.



Ethereum's medium-term trend closely follows Bitcoin's rhythm. On the smaller timeframe, the 0.618 support level of the recent upward move has also been effectively confirmed, and it is likely to face a small rebound in the near future. In other words, both major mainstream coins are accumulating energy, waiting for the next price action.
BTC0.77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
SigmaBrainvip
· 5h ago
0.618 is bouncing back again, I’m familiar with this trick. Last time I believed it like this, it dropped to the limit straight away. LOL
View OriginalReply0
TestnetFreeloadervip
· 5h ago
Wait, after testing 0.618 twice, still expecting a rebound? This rhythm feels a bit tangled, like it's looking for an excuse to drop.
View OriginalReply0
GasFeeAssassinvip
· 5h ago
0.618 is back again. How much of a rebound can it make this time? Who can say for sure? --- Is accumulating energy? I think I'm just accumulating my anxiety... --- Narrow-range fluctuations are the most annoying. This is the real time to cut the leeks. --- Both coins are dancing, and I'm just here watching the show. --- It's both a rebound and a downtrend. Can we get a clear direction? --- How many times does the 0.618 level need to be tested before it's over? --- Wait for this rebound. When you sell, don't forget about me. --- Basically, I haven't decided where to go yet. We're all just waiting together. --- I'm only concerned about whether I can break even. Everything else is虚的. --- Mainstream coins are accumulating while I'm losing money. That's the reality, right?
View OriginalReply0
NFTBlackHolevip
· 5h ago
0.618 is back again. Can it rebound this time? It feels like every time it's just accumulating energy.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)