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.
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SigmaBrain
· 19h 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
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TestnetFreeloader
· 19h 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.
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GasFeeAssassin
· 19h ago
0.618 is back again. How much of a rebound can it make this time? Who can say for sure?
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Is accumulating energy? I think I'm just accumulating my anxiety...
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Narrow-range fluctuations are the most annoying. This is the real time to cut the leeks.
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Both coins are dancing, and I'm just here watching the show.
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It's both a rebound and a downtrend. Can we get a clear direction?
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How many times does the 0.618 level need to be tested before it's over?
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Wait for this rebound. When you sell, don't forget about me.
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Basically, I haven't decided where to go yet. We're all just waiting together.
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I'm only concerned about whether I can break even. Everything else is虚的.
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Mainstream coins are accumulating while I'm losing money. That's the reality, right?
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NFTBlackHole
· 19h ago
0.618 is back again. Can it rebound this time? It feels like every time it's just accumulating energy.
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.